Oracle Corp to buy Australia's Aconex for $1.19 billion
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Oracle (ORCL) PT Lowered to $55 at Wedbush Following 2Q
December 18, 2017 8:18 AM ESTWedbush lowered its price target on Oracle (NYSE: ORCL) to $55.00 (from $58.00) while maintaining a Outperform rating following the company's 2Q earnings report. Cloud revenue grew 39% Y/Y in constant currency, at the low end of guidance, as PaaS/IaaS revenue decelerated for a second consecutive quarter. More... More
Equinix (EQIX) Announces Acquisition of Metronode in Australia for $792M
December 18, 2017 5:47 AM ESTEquinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it has entered into an agreement with Ontario Teachers' Pension Plan to acquire all of the equity interests in the Metronode group of companies, an Australian data center business, in an all-cash transaction for A$1.035 billion, or approximately US$792 million. Metronode is a leading data center provider operating facilities throughout Australia, housing mission-critical internet and communications infrastructure for some... More
