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News Analysis: Oracle’s $9.3B Acquisition Of Netsuite Is About Cloud Consolidation - by @rwang0
"Battle for cloud revenue continues. Oracle, as with every cloud vendor, seeks to grow their subscription revenues. Netsuite brings almost 800M in revenue and grows the overall market share. This adds to Oracle’s overall stock market valuations. Moreover, Larry keeps Netsuite in the family to avoid competitors from encroaching on the Oracle market."
acquisition  acquisitions  apps  strategy  chief  customer  officer  executive  information  marketing  technology  chro  cio  cloud  computing 
july 2016 by jonerp

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