Oracle buys enterprise cloud services company NetSuite for $9.3B

 Oracle will acquire NetSuite for about $9.3 billion, or $109 per share in an all-cash deal, the companies announced Thursday. Both Oracle and NetSuite’s cloud service offerings aimed at enterprise customers will continue to operate and “coexist in the marketplace forever,” according to a statement by Oracle CEO Mark Hurd.
Hurd called NetSuite and Oracle’s offerings… Read More