Monthly Archives: October 2016

//October

Oracle Buys NetSuite

Oracle (NYSE: ORCL) today announced that it has entered into a definitive agreement to acquire NetSuite (NYSE: N), the very first cloud company. The transaction is valued at $109.00 per share in cash, or approximately $9.3 billion. “Oracle and NetSuite cloud applications are complementary, and will coexist in the marketplace forever,” said Mark Hurd, Chief [...]

Oracle Beats Amazon Web Services in Head-to-Head Cloud Database Comparison

Oracle Executive Chairman and Chief Technology Officer, Larry Ellison today demonstrated that Amazon databases are 20 years behind the latest release of the Oracle Database in the Cloud. In his keynote presentation at Oracle OpenWorld 2016 in San Francisco’s Moscone Center, Ellison shared benchmark test results that showed that Oracle Database-as-a-Service (DBaaS) performed up to [...]