Oracle acquires Eloqua for $810 million to uplift cloud presence
Added On:12/21/2012 12:05:00 PM

For enlarging its cloud-computing services, Oracle Corp is acquiring Eloqua Inc. – a maker of web-based marketing automation software for about $810 million.  

If things are to be believed, Eloqua’s board of directors has given their approval to the acquisition and now the deal is expected to close in the first half of 2013.

According to the sources, now the company wants to boost cloud presence and trying to be a one-stop shop on the internet for operating systems, databases, computer programs and infrastructure.

The web firm, Eloqua have customers like AON Plc, Dow Jones, Automatic Data Processing Inc, Polycom Inc and National Instruments corp. The company makes software to help businesses predict and generate revenue by monitoring marketing and sales initiatives.

Nomura Equity Research analysts mentioned in a research note that the deal will add a leading market automation solution to Oracle’s strong marketing force automation products.

Thomas Kurian, Executive Vice President of Oracle Development stated that Eloqua’s marketing automation cloud will become the centre piece of the company’s Marketing Cloud.

 
 
 
Check out Latest IT News at itvoir.com


Tags: Oracle Corp, Eloqua Inc.
  

Related News

The enterprise giant Oracle is planning to build-up branch offices all over the country with covering almost every state capital within its new plan to boost business. 
 ...

Oracle has announced the availability of its Oracle Database Backup Service and Oracle Storage Cloud Service. Oracle is committed for helping industry with broad and advanced cloud portfolio and...

According to Gartner reports, Oracle has stepped ahead of IBM in the race of second-largest software vendor by collecting US $29.6 billion revenue from software region. <...

News Archive - News
1  2  3  4  5  6  7  8  9  10  11  12  13  14  15    Older>>  

The undergoing ‘Digital India’ program has started taking major steps and especially towards building smart cities in India, as envisioned by Narendra Modi led government. 
 ...

The latest Google’s low-cost phone operating system Android One has shown a new direction towards newer opportunities in the domestic smartphone market. And, the story continues.
...

E-Commerce is the fastest growing and vigorously expanding region of India and the companies within this sector are constantly moving ahead. 
 
The India’s one of the largest...

The Indian IT giant Infosys is constantly endeavouring to process the positive wave within the company and motivating the workforce, since the appointment of new CEO Vishal Sikka. ...

According to a recently done analysis, the newly launched Apple iPhone 6 and iPhone 6 Plus are concluded to be more durable as compared to the last year launched Samsung’s flagshi...

The tech giant Apple is globally recognized for its unparalleled products and developments, and this time, its Apple chief Tim Cook who has personally taken an unconventional step for the co...

At this present moment, every aspect of Indian government and its every department is undergoing a vigorous transformation for overall growth, development and economic empowerment of the nation.
...

At this time, the tech giants from the globe are turning towards Indian start-ups and recognizing the Indian talent as being capable of augmenting and backing their business and future innovations.&nb...

The Indian IT leader Tata Consultancy Services (TCS) that has a strong presence worldwide and recognized as the top IT service company, has set another mark to be added to its identity....

Undoubtedly, the focus of the whole tech world is now on wearables, and especially after Apple’s arrival in this region, there is no surprise to see other tech companies also joining t...
Top
Tags

Information provided on this page has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions.ITVoir.com, and its affiliates, information providers or content providers, shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this page, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information.
ITVoir.com,its affiliates, information providers and content providers shall have no liability for investment decisions or other actions taken or made by you based on the information provided.

Computer Vendors In India 
Computer Vendors In India - Delhi [Delhi]
Computer Vendors In India - Chandigarh [Punjab]
Computer Vendors In India - Mumbai [Maharashtra]
Computer Vendors In India - Banglore [Karnataka]
Computer Vendors In India - Agra[Uttar Pradesh]
Computer Vendors In India -Chennai[Tamil Nadu]
Computer Vendors In India - Kolkatta [West Bengal]
Computer Vendors In India - Kochi [Kerela]
Computer Vendors In India - Nagpur [Maharashtra]
Computer Vendors In India - Gurgaon[Haryana]
Follow us on:


 
 



 


 
Mehul Doshi, Country Manager - Enterprise Servers, Storage..

Mehul Doshi

Country Manager - Enterprise Servers, .. , Fujitsu India

Mehul Doshi, Country Manager - Enterprise Servers, Storage & Datacenter Soluti..

 

Anish Rahman

Director - Sales & Marketing , Foxconn

Anish Rahman, Director - Sales & Marketing, Foxconn, ..

B Jayashankar

Founder & CEO , KNEWCLEUS

B Jayashankar, Founder & CEO, KNEWCLEUS, talks about ..

 


 
SanDisk Global Product Launch_Hon Wai Cheah Gavin Wu and Manisha Sood unveiling the new product rangeIntel India announced the launch of Intel Future Scientist program in the state of KarnatakaPuneet Chadha, Director GSB, HP-IPG & Siddharth Malhotra, Director Arun&Rajive Pvt. Ltd. - unveiling the HP Wall ArtSeagate Back-up Plus Launch – (L-R) Mr. Futoshi Nizuma, Mr. Benshen Teh, Mr. Nermount Hoh and Mr. Rajesh Khurana unveiling the new product. Toshiba launches AOC TV appoints Ms. Kalki Koechlin as the Brand Ambassador; showcases new range of LCD & LED TVsFujitsu Launches two new Ultrabooks, LIFEBOOK    UH572  and LIFEBOOK    U772 in India. Asus associates with Intel and Microsoft launches mainstream Ultrabooks S Series and Thin and Light notebooks F series. L- R Mr. Unaez Quraishi, Sales, Mr. Alex Huang, MD,  System business Group, Asus India, Mr. Sumeet Gugnani, Director - Multinational Accounts, Microsoft India - Mr. Sandeep Aurora, Director of Marketing, Intel South Asia.