JPMorgan analyst Sterling Auty noted that SciQuest's (SQI) agreement to go private through an acquisition by Accel-KKR provides for a 25-day go-shop period that would allow strategic investors the opportunity to make a bid. The best strategic fit is Oracle (ORCL) since, to the best of his knowledge, the company stands alone among peers IBM (IBM) and SAP (SAP) as being without material sourcing and contract management technology, Auty tells investors. However, a competing bidder may be unlikely to emerge, given that a strategic buyer could have acquired the company at any point in the past, Auty added. The firm keeps a Neutral rating on SciQuest shares.

Oracle Corporation Japan "announced that it plans to invest more than $8B over the next 10 years to meet the growing demand for cloud computing and AI infrastructure in Japan. The investment will grow Oracle Cloud Infrastructure's footprint across Japan. In addition, to help customers and partners address the digital sovereignty requirements in Japan, Oracle will significantly expand its operations and support engineering teams with Japan-based personnel. Oracle plans to increase local customer support of its public cloud regions in Tokyo and Osaka and its local operations teams for Oracle Alloy and OCI Dedicated Region. This will enable governments and businesses across Japan to continue to move their mission-critical workloads to the Oracle Cloud and embrace sovereign AI solutions."