: $109.00 per share in cash, totaling approximately $9.3 billion .

: In recent years, NetSuite has embedded Oracle’s AI capabilities, launching tools like NetSuite Text Enhance for generative AI tasks and AI-driven bill capture.

: Oracle aimed to dominate the small and medium enterprise (SME) space and upsell wider cloud offerings as those businesses grew.

In November 2016, officially completed its $9.3 billion acquisition of NetSuite , a landmark deal that solidified Oracle’s position in the cloud computing market. The acquisition was a strategic move to combine NetSuite's strength in cloud ERP for small and midsize businesses with Oracle's enterprise-grade cloud solutions. Key Acquisition Details