Oracle buys enterprise cloud services company NetSuite for $9.3B — TechCrunch

Oracle will acquire NetSuite for 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……

via Oracle buys enterprise cloud services company NetSuite for $9.3B — TechCrunch

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