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Oracle Invests in EConnections

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Reuters

Oracle Corp. confirmed that its venture capital branch made an undisclosed investment in EConnections, a supply-chain management company servicing the electronics industry. El Monte-based EConnections said that Oracle Venture Fund, Oracle’s $500-million venture capital unit, has committed an undisclosed investment to the company. Officials with the Oracle Venture Fund were unavailable for comment, but privately owned EConnections meets the fund’s basic criteria.

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