Oracle Buys RightNow for $43 Per Share

Oracle ORCL today announced that it has entered into an agreement to acquire RightNow Technologies, Inc. RNOW, a leading provider of cloud-based customer service, for $43.00 per share or approximately $1.5 billion net of RightNow's cash and debt. RightNow's Customer Service Cloud helps organizations deliver exceptional customer experiences across call centers, the web and social networks. Together, Oracle and RightNow can enable a superior customer experience at every contact and across every channel.