Oracle‘s (NASDAQ:ORCL) stock has been a roller coaster ride in the last couple of weeks, but it finally ended up almost flat. Like all other major enterprise software companies like Microsoft (NASDAQ:MSFT) and SAP (NYSE:SAP), Oracle has been focusing on two pertinent trends in enterprise software – big data and cloud computing.
It made some significant new product announcements related to both trends at the Open World conference more than a month ago, launching the Oracle Public Cloud and announcing a Big Data appliance with a NoSQL database.
Check out our complete analysis of Oracle.
In the last few weeks, it made two big-ticket acquisitions, which will help it gain a larger portion of the cloud computing and big data analysis market.
It acquired RightNow, a leading provider of cloud based customer service, for roughly $1.5 billion. With RightNow, it will compete directly with Salesforce.com‘s (NASDAQ:CRM) cloud CRM offering.
Its second acquisition was Endeca, which develops software for unstructured data management, web commerce and business intelligence solutions. Endeca’s technology will form a major part of Oracle big data analysis software offering in the coming years.
We have a $40 Trefis price estimate for Oracle, which stands nearly 25% above its current market price.
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