Oracle Acquires BigMachines for Reportedly $400M
Summary
Oracle (NASDAQ: ORCL) has agreed to acquire BigMachines, a cloud-based Configure, Price & Quote (CPQ) solution provider.According to Business Insider, the transaction, which is still subject to regulatory approval and other customary closing conditions, amounts to $400m.Led by David Bonnette, CEO, BigMachines automates the sales order process with guided selling, dynamic pricing, and a workflow approval process, accessible on any device.Its CPQ Cloud is used by 275 organizations of all sizes across a wide range of industries.FinSMEs 24/10/2013 Related News 18/12/2012: BigMachines Raises Funding
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Enterprise Software
Database Software
Cloud Computing
Linked Companies
Oracle
$1B+
BigMachines
$100M to $250M