Barrons.com • 2 days ago
Evercore ISI Oracle announced Thursday morning that it is acquiring NetSuite for $109 per share in cash, for a transaction size of approximately $9.3 billion. The transaction values NetSuite (ticker: N) ...
Forbes • 2 days agoOracle's Acquisition Of NetSuite Will Give Larry Ellison More Cash But Could Decrease His Total Net Worth
Oracle Chairman Larry Ellison owns 41.3% of NetSuite, which Oracle is acquiring for $9.3 billion in cash.
Reuters • 2 days ago
The following are the top stories in the Wall Street Journal. - The Bank of Japan announced an extra dose of monetary stimulus Friday, joining fresh efforts by Prime Minister Shinzo Abe to reboot the economy. - Oracle Corp agreed to pay $9.3 billion for a cloud-computing pioneer that counts Larry Ellison as a major investor, using its second-largest acquisition to try to catch up in a key area where it has lagged.
Forbes • 2 days ago
Video The first thing that comes to mind when you think of Oracle is database. And if you want to know why Oracle extended its presence from database to sports you could do no better than asking Mike Webster, Senior VP of Oracle Hospitality. I soon learned that Oracle’s foray into sports
Investopedia • 2 days ago
To beef up its cloud-computing offerings, Oracle is acquiring rival NetSuite for $9.3 billion, making it among the largest acquisitions in Oracle history.
American City Business Journals • 2 days ago
Oracle on Thursday said it agreed to buy cloud-based enterprise resource management software developer NetSuite for $9.3 billion. The Redwood City business software giant (ORCL) said it will pay $109 in cash for shares of NetSuite (NYSE:N). It's one of Oracle's biggest purchases and reunites founder Larry Ellison with NetSuite CEO Zach Nelson, who headed Oracle marketing in the 1990s.
Business Insider • 2 days ago
Amazon Web Services has brought in nearly $5.5 billion of revenue in its first six months this year, Amazon just reported, putting it on track to be the first company making $10 billion a year in revenue from cloud services. There’s a lot of chatter between Salesforce and Oracle about their own race to $10 billion. Salesforce’s CEO Marc Benioff thinks his company will be the first cloud-only company to hit $10 billion in revenue.
Investopedia • 2 days ago
As rumored, Oracle (NYSE: ORCL) announced Thursday that it had entered into an agreement to buy fellow cloud services provider NetSuite (NYSE: N) for $109 per share in an all-cash deal valued at $9.3 billion ...
After hours: 41.01-0.03 (-0.07%) as of 4:59 PM EDT
|Bid||41.03 x 200|
|Ask||41.16 x 100|
|52wk Range||33.13 - 42.00|
|Day's Range||40.92 - 41.38|
|Avg Vol (3m)||13,864,784|
As of 4:03 PM EDT. Market closed.