Davis Polk & Wardwell is advising Oracle Corporation on its acquisition of Primavera Software, a leading provider of project portfolio management solutions. Oracle is the world’s largest enterprise software company. The financial terms of the transaction were not disclosed. The transaction is subject to regulatory approval and is expected to close during the fourth quarter of 2008.

The Davis Polk corporate team includes partner William M. Kelly and associates Sam Kelso and Saswat Bohidar. Partner Rachel D. Kleinberg and associate M. Ryan LaRosa are providing tax advice. Counsel Cynthia Akard is providing employment advice. All members of the Davis Polk team work in the Menlo Park office.