The Commission for the Protection of Competition received on behalf of Oracle Corporation, a notification of a proposed concentration according to section 10 of the Control of Concentrations between Undertakings Law (Number 83(I)/2014). The transaction concerns the acquisition of share capital of NetSuite Inc. by Oracle Corporation, through Napa Acquisition Corporation.
Oracle Corporation is a company duly registered under the laws of the State of Delaware and is active in the development, manufacture, and distribution of software including middleware, database software and enterprise application software and related services, as well as hardware systems and support services in relation to hardware systems.
Napa Acquisition Corporation is a company duly registered under the laws of Delaware State, a subsidiary of Oracle Corporation and has been established for this merger.
NetSuite Inc. is a company duly registered under the laws of the State of Delaware and is active in the development, manufacture and distribution of software applications for enterprises and especially in relation to the Enterprise Resource Planning and Customer Relationship Management.
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