Deals
Oracle Weighed Buying Palantir in 2016, Investor Tells Court
- Palantir’s Thiel, Oracle’s Ellison met to discuss acquisition
- Investor also says Goldman pitched $30 billion offering
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Oracle Corp. discussed buying data-analytics company Palantir Technologies Inc. last year, a disgruntled investor in the secretive startup said in court Wednesday.
Palantir Chairman Peter Thiel talked with Oracle founder Larry Ellison about having the software maker acquire the data miner, Palantir investor Marc Abramowitz said at a hearing over allegations that Palantir thwarted his efforts to sell part of his stake in the company. Abramowitz is suing the company to gain access to internal records about the Oracle talks and other corporate moves.