TechTaffy

tech:

taffy

RightNow Stockholders Approve Merger With Oracle

By TechTaffy Desk

Techtaffy Newsdesk

RightNow Technologies’ stockholders voted overwhelmingly to approve the proposed merger with an indirect wholly owned subsidiary of Oracle Corporation at the company’s Special Meeting held today.

Approximately 99.8 per cent of the shares voted in favor of the approval and adoption of the merger agreement, which represented approximately 87.0 per cent of RightNow’s total outstanding shares of common stock as of the November 8, 2011 record date for the Special Meeting.

RightNow and Oracle entered into a definitive agreement for Oracle to acquire RightNow for $43.00 per share in cash, approximately $1.5 billion in total.

You may also want to read:  Oracle Buys RightNow For $1.5 Billion

Just in

Seed

Oso Semiconductor raises $5.2M

Oso Semiconductor has raised $5.2 million in seed funding. The round was led by Engine Ventures.
People

Battelle appoints Tim Ryan to board of directors

Battelle has elected Tim Ryan, Citi’s Head of Technology and Business Enablement, to its board of directors.
Around the web

OpenAI launches ChatGPT Gov for U.S. government agencies — CNBC

It’s called ChatGPT Gov and was built specifically for U.S. government use; writes Hayden Field. 
Around the web

DeepSeek’s popular AI app is explicitly sending US data to China — Wired

Users have already reported several examples of DeepSeek censoring content that is critical of China or its policies, writes Matt Burgess and Lily Hay Newman. 
Around the web

DeepSeek hit with large-scale cyberattack, says it’s limiting registrations — CNBC

DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services; writes Hayden Field.