Oracle buys education IT company Vocado

Oracle has completed the acquisition of Vocado, a provider of financial aid solution for higher education institutions. Dan Driscoll is the CEO of Vocado.

Vocado works with financial aid sources to optimize funding for higher education learning model. The solution helps students identify eligibility and obtain financing. Vocado integrates its financial aid solution with both cloud and on-premise Student Information Systems (SIS).
Oracle Cloud for CIOsOracle Student Cloud is Oracle’s cloud-based SIS. Vocado adds the most advanced financial aid solution with an automated and scalable platform. Oracle and Vocado offer institutions the most complete SaaS solution suite in higher education.

“Oracle Student Cloud is architected for the modern student journey and the addition of Vocado helps our customers and their students manage financial aid more strategically,” Steve Miranda, executive vice president of Product Development, Oracle, said.

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