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SunMoon Food deploys Oracle NetSuite OneWorld

2017-11-08 01:00:00| Food Processing Technology

Global fruit and food products distributor SunMoon Food Company has deployed Oracle NetSuite OneWorld to support its global growth.

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NetSuite Closes IPO at $26 per Share

2017-06-19 12:07:06| eWEEK Enterprise Apps

NetSuite's IPO pulls in over $185 million, much more than expected.

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Oracle may drop NetSuite takeover after low initial take-up

2016-10-10 09:00:00| Telecompaper Headlines

(Telecompaper) Oracle has extended its tender offer for NetSuite for another month after low initial take-up. Under the terms of the offer, Oracle must acquire a majority of NetSuite's shares not owned by the Oracle CEO Larry Ellison or his affiliates. At the initial expiry 06 October, the company had received only 11.2 percent of the unaffiliated shares. The offer was subsequently extend to 04 November.

Tags: low initial drop oracle

 

Oracle buys cloud pioneer NetSuite for $9.3bn

2016-07-28 17:22:05| BBC News | Business | UK Edition

Software giant Oracle announces it is buying NetSuite, a pioneer of the fast-growing world of cloud computing, in a deal worth $9.3bn.

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Oracle to buy NetSuite for USD 9.3 billion

2016-07-28 15:37:00| Telecompaper Headlines

(Telecompaper) Oracle is accelerating its push into cloud services with the agreed takeover of NetSuite for USD 9.3 billion. Oracle said NetSuite pioneered the idea of cloud computing for business applications already in 1998. NetSuite provides a suite of cloud-based financials, ERP and omnichannel commerce software that services more than 30,000 companies and organizations in more than 100 countries. The acquisition was approved by a committee of independent Oracle directors and is expected to add immediately to the company's adjusted earnings. Oracle is offering USD 109 per share for NetSuite, a 19 percent premium on the share price the day before the announcement. Oracle aims to complete the takeover before the end of the year.

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