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Oracle Corp struck a deal to buy online customer service company RightNow Technologies Inc for about $1.5 billion, sparking speculation of bids for other so-called cloud technology companies that deliver software, data and computing power over the Internet.

Oracle’s bid of $43 a share amounted to a 20 percent premium over RightNow’s closing price on Friday. RightNow’s shares rose 19.3 percent in Monday afternoon trade to $42.89. Oracle shares rose 1.9 percent to $32.74.

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