i-flex

Oracle boosted its offer for Indian banking software provider i-flex Solutions to $1.3 billion, driving up i-flex shares 17 percent to a record high. Oracle, the world's biggest maker of database software, said it wanted to take its stake in i-flex to 90 percent and raised the price it is...

Oracle announced Monday that it plans to invest $125 million in India's I-flex Solutions, marking an increase in its ownership stake in the software company. Oracle's pending investment in I-flex, which makes analytical software for the banking industry, will increase its ownership stake to...