Oracle is looking more and more like Salesforce every day. This is a direction the company needs to follow as its hardware sales continue to slip.
Oracle added to its growing cloud services roster April 28 by acquiring publicly traded Textura, a provider of construction contracts and payment management cloud services for about $663 million in cash, net of Textura’s liquid assets.
The purchase price amounted to $26 per share, exactly the price at which the stock closed April 28.
Oracle is looking increasingly like Salesforce…
Oracle Expands Cloud Services With Acquisition of Textura