08-02-2016, 01:57 AM
Given NetSuite's significant local presence (arising from their acquisition of TribeHR) I'm surprised this news hasn't been posted yet.
Oracle Is Buying NetSuite for $9.3 Billion
http://fortune.com/2016/07/28/oracle-netsuite-merger/
Oracle Is Buying NetSuite for $9.3 Billion
Quote:In a deal that’s been long rumored, Oracle is buying NetSuite, a cloud software company backed by Oracle executive chairman Larry Ellison.
NetSuite, like Oracle ORCL 0.39% , offers financial accounting and related applications delivered over the Internet. NetSuite N 0.09% has traditionally focused more on mid-market companies compared to Oracle’s larger enterprise clientele.
http://fortune.com/2016/07/28/oracle-netsuite-merger/