IFLR1000

Oracle $532 million acquisition of Opower

2/5/2016
Public acquisition
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$ 532 million

Completed

2/5/2016

Overview:

  • Oracle has acquired Opower for $532 million.
  • Opower will help Oracle provide cloud-based data utility solutions.
  • The deal values Opower at $10.32 per share.
  • Goodwin Procter advised Opower.

Kurt Stumpo - Journalist - North America and the Caribbean

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Industry sectors:

Energy
Technology and telecommunications
Utilities

Firm:
Goodwin Procter

Party: Opower (Target)

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