Summary
On July 28, Oracle announced that it had entered into a definitive agreement to acquire SaaS ERP provider NetSuite. At $9.3 billion, the deal is the largest SaaS acquisition to date. Application development and delivery professionals (AD&D pros) should look at this deal as a clear signal that the transition from on-premises ERP to SaaS is now mainstream. In this brief, we provide our analysis of what this deal means to the two companies, their customers, and their competitors in the market landscape for SaaS business applications.
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