a us based developer of project portfolio management software . for other uses see primavera software . oracle primavera formerly primavera systems inc industry computer software project portfolio management enterprise project portfolio management fate primavera systems inc. became oracle primavera when acquired by oracle corporation in 2008 founded 1983 headquarters philadelphia pa usa website www.oracle.com primavera systems inc was a private company providing project portfolio management ppm software to help project intensive organizations identify prioritize and select project investments and plan manage and control projects and project portfolios of all sizes . on january 1 2009 oracle corporation took legal ownership of primavera . contents 1 history of primavera systems inc 1.1 corporate 2 see also 3 external links 4 references history of primavera systems inc edit corporate edit joel koppelman les seskin and dick faris founded primavera systems inc. on may 1 1983 . it traded as a private company based in pennsylvania usa developing software for the project portfolio management market . to help expand its product capabilities primavera acquired eagle ray software systems in 1999 evolve technologies a professional services automation vendor in 2003 prosight 2 3 an it portfolio management software vendor in 2006 and in the same year pertmaster a project risk management software vendor . 1 2 in 2008 oracle corporation acquired primavera 3 and turned it into its primavera global business unit pgbu . after a 27 year version life oracle ceased sales of the p3 and suretrak versions on december 31 2010 . 4 in 2011 co founder joel koppelman announced his retirement ; mike sicilia svp and general manager succeeded him . co founder dick faris remains in the pgbu as senior vice president customers . see also edit primavera software project portfolio management project management external links edit primavera on oracle website references edit san francisco business times article regarding the acquisition of pertmaster and prosight gartner analysis on the takeover of prosight and pertmaster forrester blog oracle acquires primavera http thesimplexgroup.wordpress.com 2011 01 18 with primavera p3 and suretrak officially discontinued customers are asking % e2 % 80 % 9cnow what % e2 % 80 % 9d retrieved from https en.wikipedia.org w index.php title primavera systems & oldid 687947633 categories oracle softwareproject management softwaredefunct software companies of the united statesoracle acquisitions navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 28 october 2015 at 17 15 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view