![]() ![]() ![]() In 2016, the Primavera Global Business Unit became Oracle Construction and Engineering Global Business Unit (CEGBU) following multiple acquisitions, including Skire (now Primavera Unifier), Instantis (Cloud based Project Portfolio Management) and Textura (a Chicago based company offering contract management and online payment tools for the construction industry). Co-founder Dick Faris has retired in December 2014 as Senior Vice President, Customers. In 2011, co-founder Joel Koppelman announced his retirement Mike Sicilia, SVP and General Manager, succeeded him. In 2008 Oracle Corporation acquired Primavera, and turned it into its Primavera Global Business Unit (PGBU).Īfter a 27-year version life, Oracle ceased sales of the P3 and SureTrak versions on December 31, 2010. To help expand its product capabilities, Primavera acquired Eagle Ray Software Systems in 1999, Evolve Technologies (a professional services automation vendor) in 2003, ProSight (an IT portfolio management software vendor) in 2006, and, in the same year, Pertmaster (a project risk management software vendor). It traded as a private company based in Pennsylvania (USA), developing software for the Project Portfolio Management market. Joel Koppelman, Les Seskin and Dick Faris founded Primavera Systems, Inc. ![]() History of Primavera Systems, Inc Corporate
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