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Oracle (ORCL) to Acquire Textura (TXTR) in ~$663M Deal

Go back to Oracle (ORCL) to Acquire Textura (TXTR) in ~$663M Deal

Oracle Buys Textura

April 28, 2016 8:03 AM EDT

REDWOOD SHORES, CA -- (Marketwired) -- 04/28/16 -- Oracle (NYSE: ORCL) today announced that it has entered into a definitive agreement to acquire Textura (NYSE: TXTR), a leading provider of construction contracts and payment management cloud services for $26.00 per share in cash. The transaction is valued at approximately $663 million, net of Textura's cash.

Textura's cloud services process $3.4 billion in payments for over 6,000 projects each month, helping keep projects on time and under budget while reducing risk for developers, contractors and subcontractors. Textura offers its cloud services... More

Oracle Launches Latest Oracle Field Service Cloud Offering to Power a Completely Connected Customer Service Experience

April 28, 2016 8:00 AM EDT

REDWOOD SHORES, CA -- (Marketwired) -- 04/28/16 -- Oracle today announced a comprehensive new release of Oracle Field Service Cloud, formerly known as TOA Technologies. The latest release, which is part of Oracle's end-to-end cloud customer service offering, delivers extensive new field service enhancements focused on mobility, ease of use, and connecting contact center agents delivering service via the phone, email, and chat to field technicians providing in person support.

Field service is a customer service cornerstone for... More

Oracle Japan Offers Cloud Technology to Accelerate Recovery in Quake-Stricken Kumamoto

April 28, 2016 12:00 AM EDT

TOKYO, JAPAN -- (Marketwired) -- 04/28/16 -- On Saturday, April 16, a magnitude-7.3 earthquake jolted the city of Kumamoto, Japan, just hours after a magnitude-6.2 earthquake devastated the same area. In response, Oracle is offering free use of Oracle Social Cloud for companies and organizations using social media toward recovery and rebuilding efforts... More

Louisville Water Company Overhauls Aging Systems to Drive Comprehensive Customer Experience Strategy With Oracle Solutions

April 27, 2016 2:00 PM EDT

PHOENIX, AZ -- (Marketwired) -- 04/27/16 -- CS Week - Today's customers live in a universe tailored to their unique needs and wants. They require instant, digital gratification and organizations -- regardless of industry -- are challenged to shift strategies to accommodate these requests. Louisville Water Company (Louisville Water), which provides drinking water to more than 850,000 people in Louisville, Ky., recognized this need and turned to Oracle to help meet its growing customer expectations.

Like many utilities, Louisville Water relied on aging systems to manage its... More

Oracle Marketing Cloud Helps Simplify Data-Driven Marketing

April 27, 2016 8:02 AM EDT

LAS VEGAS, NV -- (Marketwired) -- 04/27/16 -- MODERN MARKETING EXPERIENCE - Extending its commitment to help consumer marketers target, convert and retain their ideal customers, Oracle has introduced new innovations and integrations for the Oracle Marketing Cloud. The latest additions empower marketers to use differentiated audience data for targeting on their paid media, orchestrate cross-channel interactions and further optimize the customer experience.

Marketers can now improve the customer experience through a new direct integration between Oracle Maxymiser... More

Oracle Marketing Cloud Helps Marketers Reduce Sales Cycles and Improve Conversion Rates

April 27, 2016 8:02 AM EDT

LAS VEGAS, NV -- (Marketwired) -- 04/27/16 -- MODERN MARKETING EXPERIENCE - Oracle today announced new account-based marketing capabilities within the Oracle Marketing Cloud that help business-to-business (B2B) marketers increase lead generation, reduce sales cycles and improve conversion rates. By supporting the entire B2B buyers' journey from acquisition and prospecting to closing new business, the new Oracle Marketing Cloud Account-Based Marketing capabilities enable B2B marketers to optimize targeting on paid media, more effectively engage target prospects and simplify... More