Posted April 18, 2007

Oracle Acquires Atlanta-Based AppForge, PE Week Wire Says

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AppForge, a developer of mobile content application software, has been acquired by Oracle, Privately Equity Week Wire reported on Wednesday.

In mid-March, AppForge shut down operations, according to some media reports.

Visitors to the AppForge Web site are directed to an Oracle site.

AppForge raised some $24 million in venture capital since 2001. Backers included C&B Capital, New Atlantic Ventures, Sinclair Ventures and Grosvenor Funds, according to PE Week Wire.

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