A joint venture between Oracle Corporation, Silver Lake Technology Management, L.L.C. and MGX Fund Management Limited, Michael Dell, Yuri and Julia Milner, Susquehanna International Group, LLP, DFO Management, LLC, Alpha Wave Partners, LLC, Revolution, LLC and NJJ Capital SAS completed the acquisition of 80.10% stake in U.S. Assets of TikTok Inc.
A joint venture between Oracle Corporation (NYSE:ORCL), Silver Lake Technology Management, L.L.C. and MGX Fund Management Limited, Michael Dell, Yuri and Julia Milner, Susquehanna International Group, LLP, DFO Management, LLC, Alpha Wave Partners, LLC, Revolution, LLC and NJJ Capital SAS agreed to acquire 80.10% stake in U.S. Assets of TikTok Inc. in a transaction which values it at an estimated $14.0 billion on December 18, 2025. Under the agreement, American and global investors including Oracle, Silver Lake and MGX will hold an 80.1% stake in the new TikTok USDS Joint Venture LLC, while ByteDance will retain 19.9%.
The expected completion of the transaction is January 22, 2026.
A joint venture between Oracle Corporation (NYSE:ORCL), Silver Lake Technology Management, L.L.C. and MGX Fund Management Limited, Michael Dell, Yuri and Julia Milner, Susquehanna International Group, LLP, DFO Management, LLC, Alpha Wave Partners, LLC, Revolution, LLC and NJJ Capital SAS completed the acquisition of 80.10% stake in U.S. Assets of TikTok Inc on January 22, 2026. Oracle, Silver Lake, MGX to hold 15% each in TikTok USDS JV and remaining will be hold by other investors.
Oracle Corporation is the world's No.1 business software publisher. Net sales break down by activity as follows:
- software license support and cloud services (76.7%);
- customer services (9.1%);
- sale of cloud and on-premise software licenses (9.1%): database software, application management software (customer relationship management, supply management, etc.), decision support software, etc.;
- sale of equipment (5.1%).
Net sales are distributed geographically as follows: Americas (63.3%), Europe/Middle East/Africa (24.4%) and Asia/Pacific (12.3%).
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
A joint venture between Oracle Corporation, Silver Lake Technology Management, L.L.C. and MGX Fund Management Limited, Michael Dell, Yuri and Julia Milner, Susquehanna International Group, LLP, DFO Management, LLC, Alpha Wave Partners, LLC, Revolution, LLC and NJJ Capital SAS completed the acquisition of 80.10% stake in U.S. Assets of TikTok Inc.
