Oracle acquires SPL WorldGroup


Global enterprise software company Oracle, has announced that it has acquired SPL WorldGroup, a provider of revenue and operations management software for the utilities industry and tax management software for government organisations.

SPL delivers best-in-class solutions for customer care and billing, mobile workforce management, outage and distribution management, and asset management that are specifically designed for electric, gas and water utilities.

The company’s broad suite of utility solutions supports critical operational business processes, services, markets and geographies. SPL management and employees will form a dedicated global utilities business unit within Oracle focused on utility industry-specific solutions, and will continue to support the development of tax management software for the public sector. Larry Hagewood will lead the unit as general manager. /