Monday December 9, 2019

Oracle buys cloud computing pioneer

31st July, 2016
4
Mark Hurd, chief executive, Oracle

Oracle has struck a $9.3 billion deal, one of its largest ever acquisitions, to buy cloud-computing company NetSuite.

“Oracle and NetSuite cloud applications are complementary, and will coexist in the marketplace forever. We intend to invest heavily in both products — engineering and distribution.”

Mark Hurd, chief executive, Oracle

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