Oracle has agreed to acquire Skywire Software's application software business. Skywire is a provider of insurance software and document management business applications.

Skywire's insurance software assists insurers in managing the life cycle of an insurance policy, including insurance policy creation, rating, insurance agent/broker management and information exchange solutions.

With Skywire and the pending acquisition of AdminServer, Oracle is expected to accelerate the formation of a complete software suite for the insurance enterprise to include Oracle's database and middleware for technical infrastructure, Oracle applications to support general business, insurance-specific functionality in Oracle Billing, Siebel Claims, Siebel CRM and Insure, plus Skywire Software and AdminServer to further support insurance policy life-cycle management.

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