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REFILE-Oracle to buy Responsys in $1.5 billion deal
December 20, 2013 / 2:26 PM / 4 years ago

REFILE-Oracle to buy Responsys in $1.5 billion deal

Dec 20 (Reuters) - Oracle Corp said it would buy Responsys Inc in a deal valued at $1.5 billion as the world’s No. 2 software maker beefs up its cloud offerings.

Oracle’s offer of $27 per share represents a premium of 38 percent to Responsys’ Thursday closing.

Responsys makes cloud-based software for businesses.

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