Oracle's rivalry with Salesforce.com is about to get more interesting. Oracle said Monday that it will acquire RightNow, which is a cloud customer service company, for $1.5 billion, or $43 a share.
Oracle's bid amounted to a 20 percent premium over RightNow's closing price on Friday. RightNow's shares rose 19 percent in early trading. Oracle is pushing into the cloud technology market, including ...
Oracle will have to pay $1.43 billion in cash, or $43 per share, which is approximately 20.0% of RightNow’s closing price of $35.96, as of October 21, 2011. According to Bloomberg, the acquisition ...
While RightNow has a vision for how customer experience will evolve over the coming years to encompass mobile computing, the main issue facing RightNow's customers is what to make of Oracle. Oracle is ...
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