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RightNow Technologies
Robin Wauters
December 22nd, 2011

RightNow Stockholders Approve $1.5 Billion Merger With Oracle

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RightNow Technologies this morning announced that, at its special stockholders meeting, nearly everyone voted in favor of the previously proposed merger with Oracle, who agreed to buy the cloud-based customer service company for $1.5 billion (or $43 per share) in cash at the end of October 2011. → Read More

Robin Wauters
October 24th, 2011

Oracle Buys Cloud-based Customer Service Company RightNow For $1.5 Billion

rightnow

Oracle this morning announced that it has acquired RightNow – both companies are listed on NASDAQ – for $43 per share or roughly $1.5 billion net of RightNow’s cash and debt. With the acquisition, Oracle is adding a robust cloud-based customer service offering (see graph below) to its own Public Cloud solution – more info on that here. RightNow’s share price closed at $35.96 last week, so the deal… → Read More