- Investopedia•4 hours 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•6 hours 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.
After hours: 41.190.00 (0.00%) as of 5:59 PM EDT
|Bid||41.15 x 400|
|Ask||41.25 x 100|
|52wk Range||33.13 - 42.00|
|Day's Range||40.72 - 41.40|
|Avg Vol (3m)||13,738,206|
As of 4:01 PM EDT. Market closed.