One year after Oracle acquired the company he helped create, Evan Goldberg sits down to talk strategy.
Oracle’s shares jumped more than five per cent, beating analysts’ expectations, after the company signaled growing demands from its cloud-based services.
As part of Oracle, NetSuite plans to localise its products for many more countries while expanding its data centre capacity, sales operations, partner channel and other assets to reach customers in those new areas.
Oracle has recently announced that it has entered into a definitive agreement to acquire NetSuite. The transaction is valued at $109.00 per share in cash, or approximately $9.3 billion.
While certain recent announcements weren’t as “startling” as Oracle CEO Larry Ellison had promised they would be, its deal with Salesforce.com definitely lived up to the hype and could have some lasting ramifications.
Oracle and NetSuite are to jointly offer cloud services to mid-size business customers.
Microsoft and Oracle are set to reveal details of a new partnership on Monday, one of a “startling series” of announcements Oracle CEO Larry Ellison promised this week around the Oracle Database 12c.
Oracle hasn’t even officially released its 12c database yet, but CEO Larry Ellison has already revealed plans for the version that will follow, 12.1c, which apparently will be Oracle’s most direct response yet to SAP’s HANA in-memory platform.
Derek Singleton, ERP Analyst at Software Advice points out ‘Three Ways Channel Partners Can Adapt to Platform as a Service (PaaS)’
NetSuite will go up against vendors such as Demandware in the market for cloud-based e-commerce platforms after announcing its new …