Oracle: Buys Netsuite

Since the buyout, the partnership has evolved significantly through integration and further investment:

In November 2016, officially completed its $9.3 billion acquisition of NetSuite , a landmark deal that solidified Oracle’s position in the cloud computing market. The acquisition was a strategic move to combine NetSuite's strength in cloud ERP for small and midsize businesses with Oracle's enterprise-grade cloud solutions. Key Acquisition Details oracle buys netsuite

: Oracle aimed to dominate the small and medium enterprise (SME) space and upsell wider cloud offerings as those businesses grew. Since the buyout, the partnership has evolved significantly