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  • Fri, Oct. 7, 9:43 AM
    • Deadline set for November 4.
    • Oracle (ORCL -0.1%) to terminate prospective acquisition should minimum tender conditions not be met (20.4M affiliated shares, 40.8M unaffiliated shares).
    • All-cash $109 per NetSuite (N -4%) share structure reiterated.
    | Fri, Oct. 7, 9:43 AM | 5 Comments
  • Mon, Sep. 19, 9:41 AM
    • With Oracle (ORCL +0.6%) looking to take its presence in the cloud to greater heights, an increased focus on security is critical.
      Oracle's SVP of Identity Management and Security Products Peter Barker: "Together, Oracle and Palerra will help accelerate cloud adoption securely by providing comprehensive identity and security cloud services. The combination of Oracle Identity Cloud Service (IDaaS) and Palerra’s CASB solution plan to deliver comprehensive protection for users, applications and APIs, data, and infrastructure to secure customer adoption of cloud."
    • Palerra was founded in 2013 and its team is expected to join Oracle. Terms of the deal were not disclosed.
    • Oracle press release
    • Palerra press release
    | Mon, Sep. 19, 9:41 AM | 3 Comments
  • Tue, Sep. 13, 5:19 PM
    • In a Bloomberg interview, Marc Benioff comments that Oracle's (NASDAQ:ORCL) NetSuite (NYSE:Nacquisition marks a "desperation move" and doesn't feel Oracle will become a stronger CRM competitor because of it. He goes on to cite Larry Ellison's largest NetSuite shareholder status and claims the company was something he simply wanted to have.
    • The $9.3B, $109 per share deal was announced in July, though some recent pushback by shareholder T. Rowe Price to the terms have complicated its closing.
    • Oracle reports Q1 2017 results on Thursday with its share price moderately lower (2.45%) since the NetSuite deal was disclosed. Salesforce (NYSE:CRM), meanwhile, has also realized issues of late, trading down 8% since releasing its Q2 report on the last day of August.
    | Tue, Sep. 13, 5:19 PM | 5 Comments
  • Thu, Jul. 28, 11:59 AM
    • Oracle (ORCL -0.1%) and NetSuite (N +18%) are expected to "coexist in the marketplace forever" according to Oracle CEO Mark Hurd.
    • Today's deal signifies a move by Oracle to strengthen its cloud position in the ERP, CRM, e-commerce and PSA spaces.
    • Most notably, though, is NetSuite's command of the cloud ERP market. The company notes its solution is "the world's most deployed" and counts more than 30,000 customers in more than 160 countries.
    • The buyout immediately enables Oracle's access to NetSuite's clients, typically smaller and more medium-sized businesses than the larger enterprises Oracle has conventionally provided services to.
    • Merging Oracle's existing initiatives with NetSuite's platforms and clientele in these spaces registers Oracle increasingly competitive in an enterprise cloud market already filled with strong offerings from Salesforce, Microsoft, SAP, IBM and others.
    • Consequently, cloud players comparable in size to NetSuite pre-deal are now up against a much larger opponent.
    | Thu, Jul. 28, 11:59 AM | 3 Comments
  • Thu, Jul. 28, 9:16 AM
    • Oracle (NYSE:ORCL) and NetSuite (NYSE:N) have come to terms on an all-cash $109 per share deal.
    • Larry Ellison, executive chairman and chief technology officer of Oracle, is NetSuite's largest shareholder.
    • The agreement aims to push Oracle's cloud capabilities further and management feels the deal will have an immediate accretive impact on earnings.
    • The sale is expected to close this year pending regulatory and shareholder approvals.
    • NetSuite is higher by 18.2% to $108.24. Oracle +0.9%
    | Thu, Jul. 28, 9:16 AM | 7 Comments
  • Mon, May 2, 8:19 AM
    • Opower (NYSE:OPWR) +29.2% premarket after the provider of customer engagement and energy efficiency cloud services to utilities agrees to be acquired by Oracle (NYSE:ORCL) in a deal valued at ~$532M.
    • ORCL will pay $10.30/share in cash, representing a 30% premium to Friday's OPWR closing price.
    • ORCL says the acquisition will make it the largest provider of mission-critical cloud services to utilities.
    • Now read Oracle's right of passage has come
    | Mon, May 2, 8:19 AM
  • Thu, Apr. 28, 8:23 AM
    • Oracle (NYSE:ORCL) acquires cloud services player Textura (NYSE:TXTR) for $26 per share in a deal valued at $663M.
    • The transaction is expected to close this year after Textura shareholders tender at least two-thirds of their shares.
    • Shares of Textura are up 30.47% premarket to $25.95.
    | Thu, Apr. 28, 8:23 AM
  • Wed, Jan. 6, 11:29 AM
    • Believing Oracle's (ORCL +1%) valuation now reflects a high level of database pessimism and that cloud subscription revenue growth will surpass software license declines in FY17 (ends May '17), Evercore's Kirk Materne has upgraded Oracle to Buy. His target remains $44.
    • Materne expects shares to re-rate in the coming quarters as estimates bottom. The call comes three weeks after Oracle sold off in response to the soft FQ3/FQ4 guidance provided with mixed FQ2 results. Total software/cloud revenue is forecast to rise just 3%-4% and 1%-3% Y/Y in constant currency in FQ3 and FQ4, as strong SaaS/PaaS cloud growth (49%-53% and 55%-59%, respectively) is offset by license declines.
    • Separately, Oracle has announced the acquisition of AddThis, a company that provides both social sharing, content recommendation, and personalized marketing tools for Web publishers, and audience data and analytics services for brands/ad agencies that leverage data provided by the publisher tools. Sources speaking with TechCrunch suggest Oracle paid $100M-$200M.
    • Oracle asserts AddThis' publisher tools power 15M sites, and suggests the company's offerings will be added to its Data Cloud platform, which provides companies and marketers with a slew of tools for measuring and analyzing consumer audiences to help with ad targeting and content personalization.
    • The company has previously bought online-to-offline data provider Datalogix, cloud marketing data services provider BlueKai, online ad campaign software firm Maxymiser, and cloud marketing automation software firms Eloqua and Responsys, as it battles the likes of IBM, Adobe, and Salesforce in the ad tech software/services space.
    | Wed, Jan. 6, 11:29 AM | 4 Comments
  • Dec. 31, 2015, 7:03 PM
    • Cisco (NASDAQ:CSCO) could make a bid for storage array vendor NetApp (NASDAQ:NTAP) and threat-prevention hardware/software provider FireEye (NASDAQ:FEYE) in 2016, thinks FBR's Dan Ives. Cisco/NetApp speculation has been around for a while. Meanwhile, Cisco has made several security acquisitions in recent years, and appears to be up for more, but has also launched products that compete with FireEye.
    • Ives also thinks IBM could bid for machine/log data analytics software leader Splunk (NASDAQ:SPLK) and business intelligence/data visualization software firm QLIK. With a $7.6B market cap and high multiples, Splunk would be a costlier acquisition than IBM's traditional fare.
    • HP Enterprise (NYSE:HPE), meanwhile, is seen as a potential suitor for both Qlik and enterprise cloud storage/file-sharing leader BOX. And Oracle (NYSE:ORCL) a potential buyer of cloud ERP, HR, and e-commerce software firm NetSuite (NYSE:N). Larry Ellison owns a large stake in NetSuite (more SMB-focused than Oracle), and the company both competes and partners with Oracle.
    • Microsoft (NASDAQ:MSFT), which has made plenty of acquisitions in the Satya Nadella era, is seen as a potential buyer of database security software and Web app firewall vendor Imperva (NYSE:IMPV), as well as of cloud vulnerability management and compliance software firm Qualys (NASDAQ:QLYS). Symantec (NASDAQ:SYMC), which has signaled it will make security acquisitions after the sale of its Veritas unit closes, is considered a possible acquirer of e-mail/compliance security software provider Proofpoint (NASDAQ:PFPT).
    • Yesterday: FBR sees improving cybersecurity spend, likes several stocks
    | Dec. 31, 2015, 7:03 PM | 13 Comments
  • Aug. 20, 2015, 2:35 PM
    • Maxymiser provides cloud software for testing and personalizing online/mobile ad campaigns, as well as analyzing customer demographics to improve targeting. Clients include HSBC, Allianz, Epson, Wyndham, and Calvin Klein.
    • Oracle (ORCL -1.8%) is buying Maxymiser for an undisclosed sum, and plans to add the company's offerings to its Marketing Cloud platform. In a presentation (.pdf), the company claims Maxymiser "optimizes over 20 billion customer experiences per month for more than 250 prominent brands," and asserts its "Maxymiser’s capabilities in web and mobile channels complement Oracle Marketing Cloud’s strengths in email, SMS, social, push messaging, and display-advertising channels."
    • Past Oracle marketing/CRM acquisitions: Datalogix (online/offline data), BlueKai (marketing data management), Eloqua (cloud marketing automation), Responsys (ditto), Vitrue (social media marketing), Collective Intellect (ditto)
    • Yesterday: Citi estimates Oracle's cloud software ROI relative to traditional licenses
    | Aug. 20, 2015, 2:35 PM
  • May 1, 2015, 3:44 AM
    • Although declining to comment on whether Oracle (NYSE:ORCL) made an approach for Salesforce.com (NYSE:CRM), Oracle Chief Executive Safra Catz stated her company could benefit if Microsoft or another rival bought the customer relationship management firm.
    • "It would cause a lot of disruption in that market and so I would view that as something that would be helpful to us especially in the short or medium term, dependent on who it was," Catz said.
    • Oracle has spent more than $60B on more than 100 acquisitions in its 38-year history but is "not known to throw around money," she added.
    • Previously: Report: Oracle didn't make a bid for Salesforce (Apr. 29 2015)
    • Previously: Salesforce reportedly approached by potential buyer; shares +15.4% (Apr. 29 2015)
    | May 1, 2015, 3:44 AM
  • Apr. 29, 2015, 10:39 PM
    • Following an afternoon Bloomberg report stating Salesforce (NYSE:CRM) has been approached by a potential acquirer, many have speculated archrival Oracle is the suitor. However, BuzzFeed's John Paczkowski (formerly with Re/code) reports Oracle (NYSE:ORCL) hasn't made such a move.
    • Outside of Oracle, Microsoft (NASDAQ:MSFT) is the name that has popped up most often. The software giant (closed today with a $399B market cap) is large enough to swallow Salesforce, has relatively limited product overlap - its Dynamics CRM apps compete against Salesforce's apps, but generally with SMBs than enterprises - and has been hungry to grow its cloud exposure. It just set a target of nearly tripling its business cloud service revenue run rate by mid-2018.
    • Also: Microsoft and Salesforce struck an Office 365-centered partnership last year. Salesforce CEO Marc Benioff showed up today at Microsoft's BUILD developer conference to trumpet the integration of additional Microsoft and Salesforce apps/services, and made a few tweets about the partnership along the way.
    • Salesforce closed up 11.6% today thanks to Bloomberg's report, and then rose 1% in AH trading to $75.41. Many cloud software peers also got a lift.
    | Apr. 29, 2015, 10:39 PM | 14 Comments
  • Apr. 29, 2015, 2:50 PM
    • Bloomberg reports Salesforce (CRM) has been approached by a potential acquirer, and is working with bankers to field offers. Shares have soared in response.
    • With a current $51B market cap, only a handful of enterprise tech companies could afford to digest Salesforce. The short list includes Oracle ($197B market cap), Microsoft ($400B), IBM ($173B), and just maybe SAP ($94B). Oracle (NYSE:ORCL), which has made plenty of cloud software acquisitions, just launched a $10B debt offering.
    • Update: BuzzFeed reports Oracle wasn't the company that approached Salesforce.
    | Apr. 29, 2015, 2:50 PM | 43 Comments
  • Dec. 22, 2014, 9:27 AM
    • Oracle (NYSE:ORCL) is buying Datalogix, a top provider of data used to link online ad campaigns with offline purchases. Terms are undisclosed, but the price is likely substantial - Datalogix has raised over $85M over its lifetime, and was reportedly weighing an IPO earlier this year.
    • Datalogix's audience analysis solutions provide anonymized demographic data about the consumers targeted through an online ad campaign, and its campaign analysis solutions provide data about the offline purchases yielded by online ads (still more an art than a science).
    • Google, Facebook, and Twitter are among the online ad giants to have hired Datalogix. Its 650+ customers also include 82 of the top 100 U.S. advertisers, such as Ford and Kraft.
    • The acquisition follows Oracle's purchases of cloud marketing data management platform BlueKai, cloud marketing automation software vendors Eloqua and Responsys, and cloud social media marketing tool providers Vitrue and Collective Intellect.
    • Like Salesforce, Adobe, and IBM, Oracle is trying to provide a broad set of online/mobile ad tools for marketers, as more and more ad spend shifts to digital channels and CMOs direct a larger portion of corporate IT spend.
    • Datalogix rival Acxiom (NASDAQ:ACXM) is up 0.7% premarket.
    | Dec. 22, 2014, 9:27 AM
  • Oct. 1, 2014, 10:20 AM
    • New Oracle (ORCL -0.3%) co-CEO Safra Catz: "We’re No. 1 in database, we’re No. 1 in middleware, but we’re No. 2 in applications ... At Oracle, silver medal is first loser."
    • Catz's remarks come two weeks after SAP (presumably the company deemed #1 in apps) agreed to pay $8.3B to buy leading cloud travel/expense management software vendor Concur Technologies. Plenty of cloud software stocks rallied in response, as investors bet the deal would trigger fresh M&A activity in an industry that has already seen plenty.
    • They also come two weeks after Oracle reported light software license growth amid slumping database sales and intense cloud competition.
    • Oracle has already bought a long list of enterprise software firms in recent years. Major cloud-related purchases include marketing automation software vendors Eloqua and Responsys, customer support software firm RightNow, talent management software firm Taleo, and sales quote software provider BigMachines.
    • More recently, Oracle paid $5.3B to buy point-of-sale hardware/software firm Micros. Thanks to its M&A binge and huge buybacks, Oracle had $32.6B in debt as of Aug. 31 to go with $51.6B in cash/investments.
    • Yesterday: Oracle launches flurry of new products
    | Oct. 1, 2014, 10:20 AM
  • Sep. 24, 2014, 2:33 PM
    • John Chambers has dismissed speculation Cisco (CSCO +1.3%) could make a bid for EMC (EMC -1.1%). "If [EMC CEO Joe Tucci] and I were going to do something here, we would have done it a year or two ago."
    • Likely an issue today: A Cisco deal would raise antitrust issues in the network virtualization/SDN software space, where VMware (VMW -0.3%) and Cisco have emerged as the early leaders. Also, Cisco's storage networking unit relies on OEM deals with EMC rivals (in addition to EMC).
    • Meanwhile, re/code reports Oracle (ORCL +1.5%), another company whose name was thrown around in EMC deal speculation, is also uninterested.
    • Recent reports stated EMC has held merger talks with H-P, but failed to agree (for now, anyway) on a price. Sources (possibly hoping to drum up M&A interest in EMC) added a deal with Cisco or Oracle was also possible. Re/code backs up the part about the H-P talks, while adding H-P was largely interested in owning VMware VMW via EMC.
    • Many on the Street still think EMC will make a deal before Tucci's planned Feb. 2015 retirement. Tucci hasn't named a successor yet; Argus' Jim Kelleher consider ex-CFO David Goulden, now the head of EMC's storage hardware/software unit, to be the favorite. VMware CEO Pat Gelsinger and Pivotal CEO Paul Maritz are also in the running.
    | Sep. 24, 2014, 2:33 PM