Five Minute Briefing - August 3, 2016
Oracle announced today that it is acquiring NetSuite in a transaction valued at approximately $9.3 billion. The transaction is expected to close in 2016. In a statement, Zach Nelson, CEO of NetSuite, said that NetSuite will benefit from Oracle's global scale and reach to accelerate the availability of its cloud solutions.
Datavail, a provider of data and DBA services, offering 24×7 managed database services, database design, architecture, and staffing, has acquired Art of BI, an Oracle analytics consulting company focused on OBIEE and Hyperion.