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. 941 more words
Tags » NEtsuite
Everything came full circle with NetSuite today, when Oracle announced that it plans to acquire NetSuite for $9.3 billion.
In 1998, Evan Goldberg, founder of what was then NetLedger, visited our analyst team at Summit Strategies, where I started my analyst career at back in the day. 773 more words
Debt Collectors Are on the Hook Now; Oracle Pays Big for NetSuite; VW's Surprising Return to the Top of the Heap
The tables are turning on debt collectors and after forty years it’s about time. The Consumer Financial Protection Bureau (CFPB) has got big plans that involve some major federal oversight for an industry that has plagued tens of millions of Americans for decades. 700 more words
Oracle will acquire NetSuite for about $9.3 billion, or $109 per share in an all-cash deal, the companies announced Thursday. Both Oracle and NetSuite’s cloud service offerings aimed at enterprise customers will continue to operate and “coexist in the marketplace forever,” according to a statement by Oracle CEO Mark Hurd. 176 more words
In most businesses – whether they offer products, services or both – revenue recognition is a key challenge because one needs to keep track of the constantly changing rules of licensing, contracting and distribution. 386 more words