Channel programs News
40 Tech Deals That Had Big Channel Impact
CRN reviews 40 of the biggest tech deals that affected the channel: from Novell’s Wordperfect buy to Broadcom’s impending VMware acquisition.
Oracle co-founder Larry Ellison provided early funding and held a major stake in NetSuite when the company finally bought the cloud application company in 2016 for $9.3 billion.
The acquisition gave Oracle and its partners a huge leap into cloud computing and greater reach into small and midsize businesses, diversifying from Oracle’s main enterprise-level customers.
NetSuite itself gained a larger channel presence from Oracle’s more-established partner ecosystem, while its partners gained Oracle tools more appealing to larger customers.