oracle buys netsuite

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: NetSuite founder Evan Goldberg remained as the Executive Vice President of the Oracle NetSuite Global Business Unit . Long-Term Impact and Evolution (2016–Present)

: Oracle CEO Mark Hurd stated that both companies' cloud applications are "complementary" and would continue to "coexist in the marketplace forever".

: NetSuite migrated to Oracle Cloud Infrastructure (OCI) data centers globally. By 2025, it began moving underlying data to the Oracle Autonomous Database for better performance and security.