Category Archives: NetSuite

Oracle directors give blessing to shareholder lawsuit against Larry Ellison and Safra Catz

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Three years after closing a $9.3 billion deal to acquire Netsuite, several Oracle board members have written an extraordinary letter to the Delaware Court, approving a shareholder lawsuit against company executives Larry Ellison and Safra Catz over the 2016 deal. Reuters broke this story. According Reuters’ Alison Frankel, three board members including former U.S. Defense […] Continue reading Oracle directors give blessing to shareholder lawsuit against Larry Ellison and Safra Catz→

Salesforce’s Tableau acquisition is huge, but not the hugest

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When you’re talking about 16 billion smackeroos, it’s easy to get lost in the big number. When Salesforce acquired Tableau this morning for $15.7 billion, while it was among the biggest enterprise deals ever, it certainly wasn’t the largest. There was widespread speculation that when the new tax laws went into effect in 2017, and […] Continue reading Salesforce’s Tableau acquisition is huge, but not the hugest→

Oracle takes the cloud revenue fast track with $9.3 billion Netsuite deal

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Larry Ellison, chairman of Oracle Corp. When Oracle bought Netsuite yesterday for a cool $9.3 billion in cash, it let the world know it was now totally serious about growing cloud computing revenue — it wasn’t always the case.
In the early days of the cloud, Oracle was content to sit on the sidelines and make fun, while it raked in traditional license and maintenance revenue. In fact, CEO Larry Ellison… Read More Continue reading Oracle takes the cloud revenue fast track with $9.3 billion Netsuite deal→