0
General

Oracle buys energy analytics provider Opower for USD 532 mln

Tuesday 3 May 2016 | 08:34 CET | News
Oracle has announced a deal to acquire Opower, a provider of customer engagement and energy efficiency cloud services to utilities, for around USD 532 million, net of Opower's cash. In a statement, Oracle said Opower's solutions enable over 100 global utilities, such as PG&E, Exelon and National Grid, to deliver a modern digital customer experience via a big data platform that stores and analyses over 600 billion meter reads from 60 million utility end customers. The acquisition follows Oracle's recent USD 663 million buyout of another cloud-based data company called Textura, which provides

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Oracle
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Crius, Comcast offer energy platform to service providers

Published 07 Mar 2017 15:58 CET | United States
Crius Energy Trust announced that Crius Energy and Comcast entered into a five-year strategic agreement to jointly offer an ...

Oracle to buy NetSuite for USD 9.3 billion

Published 28 Jul 2016 15:37 CET | World
Oracle is accelerating its push into cloud services with the agreed takeover of NetSuite for USD 9.3 billion. Oracle said ...

Oracle buys Israel's Crosswise for USD 50 mln

Published 18 Apr 2016 10:16 CET | Israel
Oracle has acquired Israeli big data company Crosswire but no financial details were disclosed. However, Israeli media reports ...

Oracle to invest USD 200 mln in computer science education

Published 14 Apr 2016 10:58 CET | United States
In conjunction with The White House Science Fair 2016, Oracle and The White House today announced Oracle's plan to invest USD 200 ...

Oracle accelerates cloud revenue growth

Published 16 Mar 2016 08:50 CET | World
Oracle announced revenues down 3 percent year-on-year in its fiscal third quarter to February to USD 9.0 billion. The stronger US ...

Oracle to hire 1,400 for cloud sales expansion in EMEA

Published 14 Jan 2016 17:00 CET | Europe
Oracle has announced a Europe, Middle East and Africa (EMEA) recruitment drive to hire 1,400 new cloud sales professionals. The ...

Oracle settles FTC charges around security of Java updates

Published 22 Dec 2015 10:45 CET | United States
Oracle has agreed to settle Federal Trade Commission (FTC) charges that it deceived consumers about the security provided by ...





-/- 0.2%
Total service revenues y-o-y
Belgium  |  2017 Q3