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Oracle Corporation acquired NetSuite for approximately US$9.3 billion in November 2016. The Oracle NetSuite Global Business Unit [9] is managed by Executive Vice President Evan Goldberg as "Oracle’s Cloud ERP for Small and Mid-sized Enterprises with the ability to scale to Fortune 500 firms". [10]
This is a listing of Oracle Corporation's corporate acquisitions, including acquisitions of both companies and individual products. Oracle's version [1] does not include value of the acquisition. [2] See also Category:Sun Microsystems acquisitions (Sun was acquired by Oracle).
Acquired by Oracle in 2016, NetSuite is a cloud-based enterprise software company that provides products and services tailored for small and medium-sized businesses (SMBs). [ 12 ] [ 13 ] This includes support for accounting and financial management , customer relationship management , inventory management , human capital management , payroll ...
In 2016, NetSuite reached a $1 billion run rate. [11] NetSuite was acquired by Oracle for $9.3 billion on November 7, 2016, making it the third largest software company acquisition by enterprise value in the industry. [12]
In November 2016, Oracle bought NetSuite for $9.3 billion. Ellison owned 35% of NetSuite at the time of the purchase making him $3.5 billion personally. [48] In 2017, Forbes estimated that Ellison was the 4th richest person in tech. [49] In June 2018, Ellison's net worth was about $54.5 billion, according to Forbes. [50]
Jeeves Information Systems AB – Jeeves; Microsoft – Microsoft Dynamics (a product line of ERP and CRM applications), NAV-X [7] Open Systems Accounting Software – OSAS, TRAVERSE; Oracle – Oracle Fusion Cloud, Oracle ERP Cloud, Oracle NetSuite, Oracle E-Business Suite, JD Edwards EnterpriseOne, JD Edwards World, PeopleSoft, Oracle Retail [7]
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NetSuite, owned by Oracle, said that it is using its parent company's cloud-based systems to develop the new "Text Enhance" feature. It is the latest in a string of business software firms such as ...