Oracle pays $9.3 billion for Netsuite
 

Oracle paid $9.3 billion to snap up cloud company Netsuite in a bid to extend its place in the cloud market.

Netsuite was founded by an ex-Oracle employee, Evan Goldberg, who claimed that the company had worked for 18 years to create a system for running a business in the cloud.

http://fudzilla.com/news/41223-oracl...n-for-netsuite