Fitch: Acquisition of NetSuite Does Not Affect Oracle's 'A+/F1' Ratings

(The following statement was released by the rating agency)

CHICAGO, July 29 (Fitch) Fitch Ratings believes the acquisition

of NetSuite,

Inc. (NetSuite) does not affect the ratings for Oracle Corp.

(Oracle), including

the 'A+' Long-Term Issuer Default Rating (IDR) and 'F1'

Short-Term IDR. The

Rating Outlook is Stable. A full list of current ratings follows

at the end of

this release.

Fitch believes the acquisition of NetSuite strengthens Oracle's

cloud-based

enterprise resource planning (ER

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