Larry Ellison Accepts the Dare: Oracle Will Purchase NetSuite

Oracle Chairman and CTO Larry Ellison speaking on stage at the 2014 Oracle Open World conference in San Francisco, California. (Photo by Kimberly White/Getty Images)

“I started NetSuite. NetSuite was my idea,” famously stated Oracle’s founder and then-CEO Larry Ellison during a public appearance in 2012. Ellison was talking about one of the originators of SaaS service, for which he indeed was the initial backer, reportedly holding more than 40 percent of that company’s stock… Read More

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