Oracle Acquires Opower

Announced May 2, 2016 — $532M

What happened

Opower was a company providing cloud-based customer engagement software for the utility industry, acquired by Oracle.

Oracle's acquisition history

117th of 140 tracked deals

Disclosed prices

42 of 140 Oracle deals

Oracle's average disclosed price

$2.32B

Oracle's largest disclosed deal

Cerner ($28.30B)

Tracked acquisitions in 2016

106 across all acquirers

Oracle in Cloud-based customer engagement software for the utility industry

1 acquisition

When did Oracle acquire Opower?

Oracle acquired Opower on May 2, 2016. This was Oracle's 117th publicly tracked acquisition out of 140 we have on record.

How much did Oracle pay for Opower?

Oracle paid $532M for Opower.

What does Opower do?

Opower was a company providing cloud-based customer engagement software for the utility industry, acquired by Oracle.

What other Cloud-based customer engagement software for the utility industry companies has Oracle acquired?

Opower is Oracle's only publicly tracked acquisition in Cloud-based customer engagement software for the utility industry so far.