Yesterday Oracle announced some interesting news for everyone interested about project management and project portfolio management, as Networkworld writes:

"Continuing its relentless streak of acquisitions in recent years, Oracle on Wednesday said it plans to buy Primavera Software, maker of project portfolio management (PPM) applications.The deal is expected to close by the end of this year. Terms were not disclosed.While large vendors like CA and IBM have offerings in the PPM arena, there are also a number of smaller vendors, such as Planview and Cardinis. As for Primavera, it "is the granddaddy of project management," said Forrester Research analyst Ray Wang. "Every major construction project, every major road project. ... This is like an industry standard."Along with technology, Oracle stands to gain a significant customer base through the upcoming deal. Primavera's software is being used by 375 of the top 400 engineering companies and all five branches of the U.S. military, according to a statement."

All the smaller players in the market should disturbed, because it looks like Oracle is very serious and even before this Oracle had PPM solutions and, it was investing a lot in it and now even more. What will come up from this? I am not sure, but i hope it won't affect the smaller vendors  and become as Google in search when we speak about project management, what are your thoughts on this topic?

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