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Vantive (software)

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Vantive
Company typeSubsidiary
Founded1990
FateAcquired by PeopleSoft
SuccessorOracle Corporation
HeadquartersSanta Clara, California, United States
Key people
Roger Sippl, Steven Goldsworthy, William Davidow
ProductsVantive System
Number of employees
592
ParentOracle Corporation

Vantive Corporation was a company that provided customer relationship management (CRM) solutions. It existed as an independent corporation until its merger with PeopleSoft on 1999.[1] Later PeopleSoft itself was acquired by Oracle Corporation. Vantive as a brand no longer exists, as only the PeopleSoft name and product line are marketed by Oracle.

History

Vantive Corporation was founded in 1990 as ProActive Software by Roger Sippl (also founder of Informix), and Steven Goldsworthy (Informix worker).[2] Its products were developed in collaboration with William Davidow, an investor and author of Total Customer Service.

Its main product was Vantive System, a software suite created to integrate call centers and help desks with field service personnel. One of its clients was Electronic Data Systems, which is now owned by HP.

On December 31, 1999, Vantive Corporation merged with PeopleSoft in a stock-for-stock deal worth about $433 million.[3] Vantive System was integrated into PeopleSoft's web-based business applications.

In 2005, Oracle acquired PeopleSoft.[4] By that time, the Vantive brand was fully absorbed within PeopleSoft, and was no longer being promoted.[5]

References

  1. ^ news.cnet.com. CNET News http://news.cnet.com/PeopleSoft,-Vantive-merge-in-433-million-deal/2100-1001_3-231211.html. {{cite web}}: Missing or empty |title= (help)
  2. ^ CBS Business Library
  3. ^ Destination CRM
  4. ^ List of Oracle Acquisitions
  5. ^ List of PeopleSoft Applications