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Oracle Acquires Xsigo
Redwood Shores-based
Oracle
said this morning that it has acquired
Xsigo Systems
, a developer of network virtualization technology. Financial details of the acquisition were not announced. Oracle said the buy will help bolsters its virtualization capabilities for cloud environments. Xsigo was venture backed by Greylock Partners, Khosla Ventures, Kleiner Perkins Caufield and Byers, and North Bridge Venture Partners.
posted on Monday, July 30, 2012
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