A new version of CRM On demand is announced by Oracle, the software acquired by Oracle, Siebel was bought for $5.8 billion in January 2006 and now will have a new version.

Oracle is, finally, making waves with the on-demand CRM software it acquired when it bought Siebel Systems for $5.8 billion in January 2006.

Oracle is rolling out the next iteration of its namesakes CRM On Demand software—Release 15—that adds new social networking and collaboration features to the software code. It's also the first inklings of what is to come with Oracle's next generation Fusion Application suite, expected some time this year.

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