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Oracle has announced the completion of cloud ERP software provider NetSuite for $9.3 billion after shareholders approved the transaction.

In a short note issued earlier this week, the company confirmed that the acquisition would be completed by November 7, after a small majority – 53% – of NetSuite shares had been tendered in favour of the agreement. The original tender date expired on November 4, while the Department of Justice approved the deal in September.

The deal has not been without its hiccups, however. T. Rowe Price, a NetSuite shareholder, warned Oracle to up its offer from $109 per share cash to $133 per share. A month ago, Oracle showed its hand and announced a final extension of its tender offer, noting: “In the event that a majority of NetSuite’s unaffiliated shareholders do not tender sufficient shares to reach the minimum tender condition, Oracle will respect the will of NetSuite’s unaffiliated shareholders and terminate its proposed acquisition.”

Speaking to this publication when the deal was originally announced in July, John Dinsdale, chief analyst and managing director of Synergy Research, explained how the acquisition would strengthen Oracle’s cloud story. “It will push Oracle a couple of places higher in the enterprise SaaS market share rankings and will strengthen its position as one of the two leading ERP SaaS vendors, alongside SAP,” he said.

In an FAQ feature when the deal was announced, the two companies elaborated on the benefits of the partnership and that it would remain business as usual for both parties. “Oracle and NetSuite cloud applications are complementary and will co-exist in the marketplace forever,” it read. “Oracle intends to invest heavily in both products – engineering and distribution.”