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Waterloo Region Connected  /  Waterloo Region Works  /  Waterloo Region Economy v  /  NetSuite


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NetSuite
taylortbb Offline
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Posts: 1,508
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#1
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

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/
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