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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).
NetSuite Inc. is an American cloud-based enterprise software company that provides products and services tailored for small and medium-sized businesses (SMBs) including accounting and financial management, customer relationship management (CRM), inventory management, human capital management, payroll, procurement, project management and e-commerce software.
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]
In April 2015, NetSuite (now Oracle NetSuite, after Oracle acquired Netsuite in 2016) signed an agreement to acquire Bronto Software for $200 million. [ 10 ] [ 11 ] On March 2, 2021, Oracle NetSuite sent an email to some customers with the news that the company had assigned the core product suite, Bronto Email Marketing Platform, to “end of ...
Oracle acquired several cloud-based companies in 2016 under Hurd, including SaaS enterprise resource planning company NetSuite, Textura cloud services for the engineering and construction vertical, cloud-based warehouse management application company LogFire, and Opower, a provider of cloud services to the utilities industry. [45] [46]
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Oracle Corporation is an American multinational computer technology company headquartered in Austin, Texas. [5] Co-founded in 1977 by Larry Ellison, who remains executive chairman, Oracle was the third-largest software company in the world in 2020 by revenue and market capitalization. [6]