Since 2010, Oracle has been steadily acquiring cloud software companies, particularly SaaS providers that can help the business software maker grow its market share for software rented over the internet.
The deals, including last month’s $9.3 billion blockbuster bid for NetSuite, are crucial for the company’s ability to keep pace with challengers such as SAP, Salesforce.com and Microsoft, all of which are forging their own aggressive strategies in the cloud.
