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July 29, 2016 01:45 pm GMT

Oracle takes the cloud revenue fast track with $9.3 billion Netsuite deal

Larry Ellison, chairman of Oracle Corp.When Oracle bought Netsuite yesterday for a cool $9.3 billion in cash, it let the world know it was now totallyserious about growingcloud computing revenue — it wasn’t always the case.In the early days ofthe cloud, Oracle was content to sit on the sidelines and make fun, while it raked in traditional license and maintenance revenue.In fact, CEO Larry Ellison… Read More

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