Friday, September 4, 2009

Capgemini and Oracle to Market Tax Management Software to US Tax Agencies

Consulting, technology and outsourcing services provider Capgemini (Euronext:CAP) said on Thursday that it has extended its strategic alliance with business software company Oracle Corporation (NASDAQ-NMS:ORCL).

Under the new agreement the two companies intend to market Oracle Enterprise Taxation Management software to state, county and municipal taxing and revenue management authorities in the US, offering an alternative to custom-built solutions.

Capgemini will act as the solution integrator, providing IT services to implement Oracle's software as well as other IT solutions required to help clients improve their systems.

Financial terms of the agreement were not revealed.

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