Oracle A Buy On 2 Newest Acquisitions

Mon, 06/11/2012 - 13:29 EDT - Seeking Alpha

By Income Hunter:One day after Salesforce.com (CRM) announced that it had acquired social media marketing company Buddy Media for an estimated $669 million, Oracle (ORCL) and CEO Larry Ellison announced that Oracle has acquired Collective Intellect, a social marketing company based in Boulder, Colorado. Right after the 2012 fiscal year ended, Oracle and Mr. Ellison made sure that Oracle was not one upped by Salesforce.com. Mr. Ellison wants Salesforce.com to know that what ever it can do, Oracle can do it better.Oracle has been aggressive in acquiring companies in the social networking and marketing realm that can also bolster Oracle Cloud services and its strategy to enhance Software-as-a-Service (SAAS). Two weeks ago, Oracle acquired Vitrue for $339 million a social marketing company and by adding Collective Intellect to its stable of products, Oracle has bought its way into the world of social networking and marketing. Oracle really wants the technology thatComplete Story »

Original article
Login or register to post comments

Oracle: Investors Are Jumping In Now
By Stock Croc:Oracle (ORCL) has played catch-up in the cloud services arena for the past two years, but Larry Ellison keeps acquiring the right company at the right time.
Oracle: Buy Before These 2 Things Happen
By ValueMax:Oracle (ORCL) and Salesforce.com (CRM) have both acquired social media marketing companies, recently, in an effort to stay in front of competitors in the ever changing Software-as-a-Service world. But Oracle has a very busy month ahead.
Buy Oracle Now As Success In Cloud Computing Will Likely Support A Valuation Of $40
By Alex Zhao:Company CEO Larry Ellison recently announced that Oracle (ORCL) will join the cloud battle. Along with President Mark Hurd, Ellison outlined a broad lineup of PaaS (platform as a service), SaaS (software as a service), and particularly social media offerings on June 6, 2012.
Oracle Shares Dive After Earnings (ORCL)
Oracle just released quarterly earnings results, and the stock is down around 6 percent in after-hours trading. Earnings per share missed estimates by a penny, coming in at $0.65. Revenues, however, came up shorter, at $8.97 billion versus the $9.37 billion expected by analysts.
What Did Salesforce.com Buy In Buddy Media? Increasing Losses And Serious Cash Flow Drain
By Todd Sullivan: Let’s go back a bit to the original deal between Salesforce.com (CRM) and Buddy Media:
Oracle to buy Collective Intellect
(Reuters) - Oracle Corp will buy Collective Intellect, which helps businesses to g
Ellison: Oracle's Hardware Business Won't Grow This Fiscal Year After All (ORCL)
The Most Controversial And Entertaining Things Larry Ellison Has Ever Said (ORCL)
Larry Ellison, is one of the most outrageous, outspoken personalities in the tech industry. And he has been for years. He's held the CEO role at Oracle since 1977. That makes him the longest-running tech CEO in Silicon Valley history.
IBM Bought Kenexa: Who's Next?
By Stephen Rosenman:Last year, I predicted that old tech would hit the shopping aisles to get a toehold in cloud computing.
Oracle Acquires Social Marketer Involver As Enterprise Giants Buy Rather Than Build For Tomorrow
By TechCrunch: By Josh Constine

Main menu

Secondary menu

Oracle A Buy On 2 Newest Acquisitions

Related

Latest

User login

Our Blog

Markets Map

Follow Us

Secondary menu