CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following Business software maker has acquired for $9.3 Billion
A
Symantec
B
Intuit
C
CA Technologies
D
Oracle
Explanation: 

Detailed explanation-1: -In November 2016, Oracle Corporation acquired NetSuite for $9.6 billion. NetSuite was a publicly traded firm founded by Oracle alum Evan Goldberg. Evan launched NetSuite (née NetLedger) way back in 1998.

Detailed explanation-2: -Oracle’s purchase of NetSuite serves to bolster its competitive position in the cloud, advance its own cloud-based capabilities and reach small to mid-tier markets. Oracle’s purchase of NetApp will help cater to SMB needs. The acquisition has been positive for both parties.

There is 1 question to complete.