Oracle to buy Eloqua in $871 million deal - SUPERCOMPUTING NEWS

ENGINEERING

Oracle to buy Eloqua in $871 million deal

Written by: Tyler O'Neal, Staff Editor
Category: ENGINEERING
Published: April 14, 2015, 10:52 pm

Oracle said that it has agreed to buy Eloqua, a cloud-based marketing automation platform company, for $23.50 a share, or about $871 million. The sale is expected to close in the first half of 2013. Shares of Eloqua were up more than 30% in pre-open trades. Oracle was down a fraction.

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