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Salesforce.com has signed an agreement to acquire Radian6 for $276 million in cash and $50 million in stock. Salesforce intends to use Radian6, a platform for social media monitoring, to help its clients track hundreds and millions of conversations on Facebook, Twitter, YouTube, blogs and other onli...
Salesforce.com stock shares soared 17 percent Friday morning to an all-time high in response to its fiscal third-quarter earnings report released Thursday afternoon. In the report, Chairman and CEO Marc Benioff said he believes the company will reach $2 billion in revenue in fiscal 2012, making it t...
Oracle CEO Larry Ellison took the witness stand Monday to testify that the illegal downloading of Oracle software by a unit of SAP cost his company $4 billion in missed license fees. When asked to back up his claim of $4 billion in damages, however, Ellison said he could not point to any documentati...
Oracle announced Tuesday that it will acquire ATG -- a provider of e-commerce applications and platforms -- for $6.00 per share, or approximately $1 billion in cash. Oracle and ATG both pointed to the complementary nature of their applications. ATG provides an e-commerce platform that includes a cro...
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