Subscribe to this page now.

Oracle to buy Eloqua for $871 million

12/20, 9:32pm

Oracle buys software maker Eloqua

Oracle has agreed to buy software maker Eloqua for $23.50 per share, or about $871 million, it was revealed today. Eloqua's board has reportedly agreed to the purchase price, which is more than twice the value of the company's initial public offering price in August, and 31 percent higher than its closing price yesterday. The deal will give Oracle more of a presence in cloud computing and bring it into fiercer competition with Salesforce and SAP.

more

Advertisement

Electronista Newsletter

Free Technology and Gadgets Newsletter

  • We will not share your email address with anyone.

    toggle

    Most Popular

    Advertisement

    Recent Reviews

    Seagate Wireless

    It seems like no matter how much internal storage is included today's mobile devices, we, as users, will always find a way to fill the ...

    Lenovo Yoga Tablet 2 (Android, 10.1-inch)

    Lenovo is building a bigger name for itself year after year, including its devices expanding beyond desktop computers. The company's l ...

    Brother HL-L8250CDN Color Laser Printer

    When it comes to selecting a printer, the process is not exactly something most people put a lot of thought into. Printers are often t ...

    Advertisement

    toggle

    Most Commented

     
    toggle

    Popular News