Responsys bought by Oracle
Being on the west coast, I’m usually not yet awake when the 9am eastern press releases go out. So I’m often late on BREAKING NEWS!! in the email industry.
This morning it was the news that Oracle bought Responsys. Most news reports seem to agree that the purchase price was $1.5B, although a couple places are putting that at a lower figure of “about $1.39B.”
In any case, congrats to Responsys shareholders for getting a premium on their stock price.