San Diego, Oct. 24, 2011 (Shareholders Foundation) -- The announcement that RightNow Technologies agreed to be acquired by Oracle Corporation for $43.00 per RNOW shares prompted an investigation on behalf of investors of RightNow Technologies (NASDAQ: RNOW) concerning whether the offer to acquire RightNow Technologies (RNOW) and the buyout process are unfair to investors of RightNow Technologies (NASDAQ RNOW) and whether certain of its officers and directors or others breach their fiduciary duties owed investors in NASDAQ:RNOW) shares.

The investigation by a law firm concerns whether RightNow Technologies, certain of its officers and directors, and/or others breached their fiduciary duties owed RightNow Technologies (NASDAQ:RNOW) investors in connection with the proposed acquisition.

On Monday, October 24, 2011, RightNow (NASDAQ: RNOW) announced that it has entered into an agreement to be acquired by Oracle Corporation for $43.00 per share or approximately $1.5 billion net of RightNow's cash and debt.

However, RightNow Technologies has performed well for its investors in the past. Its annual Revenue rose from $112.08million in 07 to $185.52million in 2010 and its Net Income rose from a Net Loss of $18.64million for 2007 to a Net Income of $28.39million in 2010. For the second quarter 2011 RightNow Technologies reported an increase in its second quarter Revenue from $43.45million last year to $54.82million this year.

Additionally, shares of RightNow Technologies (Public, NASDAQ:RNOW) grew at an exceptional growth rate over the past years. NASDAQ: RNOW stocks grew from as low as $5.84 per share in January 2009 to almost $39 per share in Mid-October 2011.

Furthermore, at least one analyst has set the high target price for NASDAQ: RNOW shares at $42 per share.

Therefore, the investigation concerns whether the RightNow Technologies Board of Directors undertook an adequate sales process and in particular breached their fiduciary duties to RightNow Technologies (NASDAQ:RNOW) shareholders by failing to adequately shop the Company before entering into this transaction. Furthermore, the investigation concerns on whether Oracle Corporation would underpay for NASDAQ:RNOW shares, thus unlawfully harming RightNow Technologies stockholders. A potential securities class action lawsuit would seek to maximize the amount of money and information RightNow Technologies (RNOW) shareholders would receive in a buyout, so the law firm.