What was RightNow Technologies valued at during the time it was sold?
$1.5 billion
$2 billion
$3 billion
$1 billion
Answer
RightNow Technologies was valued at $1.5 billion when it was sold to Oracle Corporation in 2011. RightNow, founded in 1997 and headquartered in Bozeman, Montana, provided on-demand customer relationship management software and services. The acquisition enhanced Oracle's customer experience and relationship management capabilities. Oracle aimed to leverage RightNow's expertise in cloud-based CRM solutions to strengthen its position in the competitive CRM market.
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