NetSuite will become a part of Oracle family by the end of 2016
Oracle’s founder Larry Ellison has been a part of NetSuite’s story as an investor already from the beginning. Oracle will be a natural and a great new home for NetSuite:
“Oracle and NetSuite cloud applications are complementary, and will coexist in the marketplace forever. We intend to invest heavily in both products – engineering and distribution.” - Mark Hurd, Chief Executive Officer, Oracle
Co-operation will offer NetSuite even better possibilities to continue its growth and development:
“NetSuite will benefit from Oracle’s global scale and reach to accelerate the availability of our cloud solutions in more industries and more countries. We are excited to join Oracle and accelerate our pace of innovation.” - Zach Nelson, Chief Executive Officer, NetSuite
Read the full press release here. More information can also be found from NetSuite’s homepage: newly released FAQ and Letter to Customers from Zach Nelson (CEO), Jim McGeever (President, COO) and Evan Goldberg (Founder, CTO, Chairman).
We in Staria are very excited about this development and happily continue conversation about this subject in social media – Twitter, LinkedIn, Facebook – and in our website. Please feel free to contact our NetSuite team if you have any questions concerning this matter.
Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE: ORCL), visit www.oracle.com.
In 1998, NetSuite pioneered the Cloud Computing revolution, establishing the world’s first company dedicated to delivering business applications over the Internet. Today, NetSuite provides a suite of cloud-based financials / Enterprise Resource Planning (ERP) and omnichannel commerce software that runs the business of more than 30,000 companies, organizations, and subsidiaries in more than 100 countries.
Staria Oyj is a Software and Financial Service Company enabling better decisions for its clients. Services also include versatile Business Intelligence and HR solutions. Tailored solutions help build growth for companies both in Finland and in Europe. Staria´s ONE STOP International Accounting Services are provided by one dedicated team for each customer. Staria is the only rewarded NetSuite 5 Star Solutions Partner in Nordics and operates as local NetSuite Software Partner throughout Europe.