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Alliances & Partnerships

Oracle Buys Siebel; Business Objects Acquires SRC; Fiserv Offers Aetna; KIG Taps DocASSURE; ASK, IdeaStar Team; Open Text in Sync With InSystems

Oracle Buys Siebel

Oracle (Redwood Shores, Calif.) acquired Siebel Systems (San Mateo, Calif.) for $5.58 billion. Reportedly, Oracle will integrate features of Siebel's CRM solutions in Oracle's Fusion CRM suite.

Business Objects Acquires SRC

Business Objects (San Jose, Calif.) will acquire SRC Software (Portland, Ore.), expanding Business Objects' business intelligence offerings to include SRC's integrated budgeting, planning, forecasting, consolidations, productivity measurement and reporting systems.

Fiserv Offers Aetna

Fiserv Health (Brookfield, Wis.) will expand access to Aetna's (Hartford) PPO network and stop-loss services through Fiserv third-party administrators (TPAs).


KIG Healthcare Solutions (St. Louis) will offer Jacob & Sundstrom's (Baltimore) DocASSURE proprietary health information security software for HIPAA compliance as part of KIG's IT consulting and practice management services.

ASK, IdeaStar Team

ASK Insurance Consulting (Milwaukee) and IdeaStar (Cleveland) have teamed to offer life and health insurers e-commerce solutions to improve Web-based marketing.

Open Text in Sync With InSystems

Open Text (Chicago) extended its partnership with InSystems (Toronto) to improve document process and compliance solutions for insurers and financial firms.

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