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Oracle acquires automation software company

December 2, 2008

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Oracle has acquired RuleBurst Holdings Ltd., the parent company of Haley Ltd., a provider of policy modeling and automation software, to create an end-to-end solution for social services agencies.

Social service agencies are moving to commercial software to automate entitlements. With limited resources to serve a growing constituency, these agencies need to administer and distribute entitlements consistently and accurately as defined by the underlying legislation.

Haley's policy automation platform simply translates legislation and policies into defined, automated rules that are deployed in an application. Together with Oracle’s ERP and Siebel CRM applications, Oracle expects to create the first packaged software solution for social services agencies with an enhanced case management application utilizing Haley to drive eligibility determinations.

Haley management and employees are expected to join the Oracle team to form a global business unit focused on enterprise policy automation solutions across multiple industries. Haley’s CEO Dominic O’Hanlon is expected to lead the business unit as Senior Vice President and General Manager.

The Haley policy automation platform is also utilized in other industries that are highly regulated, such as financial services and insurance, the power generation and transportation sector and the airline industry to implement and manage complicated and rapidly changing policies in common language without the need for specialized software programming.

The transaction is subject to Oracle shareholder, SEC and governmental approvals and other customary closing conditions and is expected to close in the first quarter of calendar 2009.

Until the deal closes, each company will continue to operate independently. Financial details of the transaction weren't disclosed.

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Source: Oracle.