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Chief executive of Investment Agency Locate in Kent, Paul Wookey, said he was optimistic about new jobs.
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Land agents for the utility firm have been exploring a site in Wookey, and have also looked at Cheddar, where the company has an existing reservoir.
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Wookey is expected to stay at Oracle for an unspecified transition period as Thomas Kurian, who manages the Fusion middleware business, takes over all Fusion applications development.
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The company's website now states that sites in Axbridge, Cheddar, Clewer, Banwell and Wookey are being considered, but local residents say they want to know precisely where all these sites are.
BBC: Concerns raised over new Bristol Water reservoir site
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The building blocks of Fusion were completed last year, says John Wookey, Oracle's applications chief, and by 2008 they will become a seamless amalgam of databases, applications and the middleware that stitches them together.
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Rumors have been swirling that the software giant likely will announce a delay of Fusion at Oracle OpenWorld next month, and Wookey is the designated fall guy, according to a person familiar with the company.
FORBES: Magazine Article
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Rumors have been swirling that the software giant likely will announce a delay of Fusion at Oracle (nasdaq: ORCL - news - people ) OpenWorld next month, and Wookey is the designated fall guy, according to a person familiar with the company.
FORBES: Another One Booted Out Of Oracle?