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July 28, 2016 01:05 pm GMT
Oracle will acquire NetSuitefor about $9.3 billion, or $109 per share in an all-cash deal, the companies announced Thursday. Both Oracle and NetSuite’s cloud service offerings aimed at enterprise customers will continue to operate and “coexist in the marketplace forever,” according to a statement by Oracle CEO Mark Hurd.Hurd called NetSuite and Oracle’s offerings… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lJkF0fsJ398/
Oracle buys enterprise cloud services company NetSuite for $9.3B
Oracle will acquire NetSuitefor about $9.3 billion, or $109 per share in an all-cash deal, the companies announced Thursday. Both Oracle and NetSuite’s cloud service offerings aimed at enterprise customers will continue to operate and “coexist in the marketplace forever,” according to a statement by Oracle CEO Mark Hurd.Hurd called NetSuite and Oracle’s offerings… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/lJkF0fsJ398/
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