Menu
Oracle snags cloud startup Ravello in deal said to be worth US$500m

Oracle snags cloud startup Ravello in deal said to be worth US$500m

It's all about flexibility in the cloud

Oracle is acquiring cloud startup Ravello in a deal reportedly worth US$500 million.

Founded by the team that created the KVM hypervisor, Ravello offers what it calls "nested virtualization" software, with the goal of enabling enterprises to use popular public clouds as an extension of their own data centers. Essentially, the company's technology promises to let companies take any application environment and spin it up to the cloud on demand.

Oracle and Ravello confirmed the deal but did not disclose the price.

"Ravello will join in Oracle’s IaaS mission to allow customers to run any type of workload in the cloud, accelerating Oracle’s ability to help customers quickly and simply move complex applications to the cloud without costly and time-consuming application rewrites," Ravello's CEO said in a blog post.

Oracle said Ravello's employees will join it as part of its Oracle Public Cloud group.

As a late entrant to the cloud party, Oracle is now battling competitors such as Amazon Web Services and Microsoft Azure while trying to convince customers to sign up for its own cloud services.

Vendors often make acquisition to gain technology they don't already have, but it's also not unusual to buy young companies to "take them off the table" and keep them out of competitors' reach, said Charles King, principal analyst with Pund-IT.

Both of those scenarios could explain Oracle's purchase of Ravello, King said.

With customers including Arista, Brocade, Red Hat, SUSE and Symantec, "the young company seemed to be doing pretty well on its own," King noted.

As part of Oracle, its offerings should "fit well within and help to extend Oracle's cloud solutions and services," he added.

"But it's also likely that Ravello would have complemented the cloud efforts of other enterprise-focused vendors, including IBM and HP," King said. "For the modest reported sum of $500 million, Oracle has has ensured that it will be the sole benefactor of Ravello's innovations."


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

Meet the leading female front runners of the Kiwi channel

Meet the leading female front runners of the Kiwi channel

Reseller News honoured the leading female front runners of the New Zealand channel at the 2018 Women in ICT Awards (WIICTA) in Auckland. The awards honoured standout individuals across seven categories, spanning Entrepreneur; Innovation; Rising Star; Shining Star; Community; Technical and Achievement.

Meet the leading female front runners of the Kiwi channel
Meet the top performing customer-centric Microsoft channel partners

Meet the top performing customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the top performing customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments