October 24, 2011

Oracle Buys Cloud-based Customer Service Company RightNow For $1.5 Billion

Oracle this morning announced that it has acquired RightNow – both companies are listed on NASDAQ – for $43 per share or roughly $1.5 billion net of RightNow’s cash and debt. With the acquisition, Oracle is adding a robust cloud-based customer service offering to its own Public Cloud solution.

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