Oracle: Billion-Dollar Merger and Mega Cloud Deal With Paramount is Being Prepared!
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Oracle is currently in advanced negotiations for a cloud software framework agreement worth around $100 million per year. The deal is set to take effect immediately after the planned acquisition of Paramount Global by Skydance Media, and it stipulates that Paramount and all its subsidiaries will fully transition to Oracle's cloud infrastructure. Ellison family drives strategy forward Skydance, founded by David Ellison – son of Oracle Chairman Larry Ellison – is already utilizing Oracle cloud services and investing...
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