Oracle Buys Cloud-Based Student Financing Software Provider Vocado to Expand Higher-Education Offering

Oracle (ORCL) said it has completed the acquisition of Vocado, which provides a student-centric, cloud-based financial aid product for higher education institutions.

The financial terms of the transaction weren’t disclosed.

“Oracle Student Cloud is Oracle’s next-generation, cloud-based SIS designed for all academic models across every stage of the modern student lifecycle,” Oracle said in a statement released late on Monday. “Vocado adds the most advanced financial aid solution with a highly-automated and scalable platform.”

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