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Oracle buys newly public Eloqua for $871 million

12/20/2012

Enterprise software titan Oracle Corp. will buy Vienna-based Eloqua Inc. (Nasdaq: ELOQ), which went public just a few months ago, for $23.50 per share, or $871 million.

The buyout means Eloqua's time on the Nasdaq will be a short one. The marketing software company raised $92 million in an initial public offering in August.

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