Oracle took another step in its strategy of growth by acquisition by
announcing a bid for NetSuite, the leading player in the cloud ERP
marketplace in terms of number of customers. At $9.3 billion, the deal
is the second biggest in Oracle’s history, after PeopleSoft in 2005 for
The deal was long expected, for several reasons.
Oracle Chairman Larry Ellison was NetSuite’s original investor, and Evan
Goldberg, NetSuite’s founder came out of Oracle. CEO Zach Nelson was an
Oracle marketing executive. Oracle’s database is an integral part of
But apart from helping Oracle in its race
with Salesforce.com to get to $10 billion in cloud revenues, what are
the benefits of the deal to Oracle? How does it help NetSuite, and what
does it mean to the broader marketplace? Looking at the big picture,
there are certainly benefits, but there are also several concerns.
Read the rest of this post on the Strativa blog: Oracle Acquisition of NetSuite Is a Mixed Bag
Labels: cloud, ERP, NetSuite, Oracle