Oracle takes the cloud revenue fast track with $9.3 billion Netsuite deal
July 29, 2016 at 09:45 AM EDT
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. In the early days of the cloud, Oracle was content to sit on the sidelines and make fun, while it raked in traditional license and maintenance revenue. In fact, CEO Larry Ellison… Read More