Oracle’s announced purchase of NetSuite is aimed at getting deeper into the game, while Amazon drew more than half its operating earnings from the segment.
The business software omnivore is playing catch-up in one of the hotter fields of tech. Its NetSuite purchase is its latest thrust in that direction.
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The purchase of NetSuite by Oracle makes strategic sense, but Lawrence J. Ellison appears to benefit from a side investment at Oracle’s expense.
The deal, among the largest in Oracle’s history, is at the heart of the company’s fight to remake itself for the modern world of cloud computing.
The deal will help Oracle improve its cloud computing offerings, and is among the largest in Lawrence J. Ellison’s history of acquiring companies.
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The companies have been fighting for six years over the use of Java, which Oracle acquired when it bought Sun Microsystems.
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