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

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. <...

Oracle has announced that it has tagged Hewlett Packard (HP) as an Oracle Partner Network (OPN) - Diamond level partner. It is the highest rank in the OPN specialized program. 

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

The Indian IT industry has been recognized widely for being the most undiscriminating with gender. But, a recent analysis has concluded that even then, the salary difference between men...

According to a recent report, the sales of tablet computers has risen globally in the second quarter with resuming the state of tablets in the market. 
 
The global shipments of ta...

As giants are broadening their focus on Indian market, the search engine major Google has now released Hindi-compatible Google Maps with an objective to make the navigation services spread a...

The leading Indian eCommerce firm, Flipkart has marked another record benchmark. The eCommerce site has raised about $1 billion that is Rs 6,000 croore funds, which is biggest ever amount, according t...

One of the renowned mobile makers in India, Motorola Mobility has no plan to release sub-$100 smartphones in the country. Instead, the company will focus on the range of affordable handsets...

The national IT association Nasscom, that combines giants like TCS and Infosys as members, is planning to turn more accessible and inclusive even for smaller companies that have potential to...

According to recent reports, the innovative device maker Apple has asked suppliers for manufacturing about 70 to 80 millions of its two upcoming large-screen iPhones by the end of this...

The tech-savvy Indian Prime Minister Narendra Modi is recognized with his straight favours and interest towards technology based development and growth. And, he has been proving it, since he has taken...

It has been only a month that Gionee launched its Elife S5.5 device in India and the mobile maker is all set to break a record by its next release. 
 
Gionee is working on a ridicu...

As the technology is advancing, there is more need of online courses to improvise the quality of education,” said Kris Gopalakrishnan, VP of Infosys. It was at the time when he was addressi...
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:



 
 



 


 
Ms. Shalini Pandey, Director Sales - Monitor Business, AOC..

Shalini Pandey

Director Sales - Monitor Business , AOC India & SAARC

Ms. Shalini Pandey, Director Sales - Monitor Business, AOC India & SAARC, talk..

 

Sridhar Iyengar

VP - Product Management , ManageEngine

Mr. Sridhar Iyengar, VP - Product Management, ManageE..

Kumar Saha

Managing Director , Senrysa Technologies

Kumar Saha, Managing Director, Senrysa Technologies, ..

 


 
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.