<story><title>Oracle Buys NetSuite for $9.3B</title><url>http://www.bloomberg.com/news/articles/2016-07-28/oracle-buys-netsuite-in-deal-valued-at-about-9-3-billion</url></story><parent_chain></parent_chain><comment><author>chollida1</author><text>&amp;gt; The relationship between Oracle and NetSuite goes back decades. Zach Nelson, NetSuite’s CEO, previously ran Oracle’s marketing operations in the 1990s.  Oracle co-founder Larry Ellison is NetSuite’s largest investor. As of March, Ellison and his family owned about 45.4 percent of NetSuite’s common stock, according to a company filing. Ellison has “control over approval of significant corporate transactions,’’ according to the filing.&lt;p&gt;Hmm, I wonder if the NetSuite board will approve this:)&lt;p&gt;Man, Microsoft has its OS and Office revenue to&lt;p&gt;Google and Facebook have their advertising revenue&lt;p&gt;Oracle has its licensing revenue&lt;p&gt;Amazon has its everything store revenue.&lt;p&gt;Apple has its iPhone revenue.&lt;p&gt;The big tech incumbents all figuratively print money each quarter.&lt;p&gt;If the long reported bubble burst ever gets around to happening, it&amp;#x27;s hard not to see them as the big winners.  With piles of cash on hand and cash reserves growing can anyone make the case that they don&amp;#x27;t become the lender of last resort to cash strapped startups?&lt;p&gt;Side note, I&amp;#x27;m surprised that Oracle is still running with Safra Catz and Mark Hurd as co-CEO&amp;#x27;s.   I figured that that setup along with a very strong willed founder in Ellison, would cause some spectacular implosion at some point:)</text></comment>
<story><title>Oracle Buys NetSuite for $9.3B</title><url>http://www.bloomberg.com/news/articles/2016-07-28/oracle-buys-netsuite-in-deal-valued-at-about-9-3-billion</url></story><parent_chain></parent_chain><comment><author>ryporter</author><text>Did Larry Ellison just transfer billions of dollars from himself to himself in a taxable transaction?  I&amp;#x27;m surprised the deal was all cash.</text></comment>