Oracle to buy Textura for $663 million
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The Oracle logo is seen on its campus in Redwood City, California June 15, 2015.
Reuters/Robert Galbraith
Oracle Corp (ORCL.N) said it would buy cloud-based payment management services provider Textura Corp (TXTR.N) for $663 million in cash.
The $26-per-share offer represents a premium of 30.7 percent to Textura’s Thursday closing.
(Reporting by Rishika Sadam in Bengaluru; Editing by Saumyadeb Chakrabarty)