On November 7, 2016, Oracle acquired the entire NetSuite, the world's first cloud corporation. NetSuite established the world's first business focused on providing business applications via the Internet in 1998, ushering in the Cloud Computing revolution. NetSuite is now the world's foremost cloud-based business management software vendor. NetSuite helps businesses to manage essential business activities with a single, fully integrated system that includes ERP/finance, CRM, inventory, e-commerce, and more. NetSuite will allow Oracle to reach more customers in various places.
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