Oracle Acquires Ravello
Redwood Shores-based Oracle has acquired Israeli software company Ravello Systems, the companies said on Monday. The deal is worth approximately $500M. Ravello's software allows developers to run their VMware/KVM environment in the cloud, including Oracle's Public Cloud offering. Ravello Systems was venture backed by NVP and Sequoia Capital.
posted on Tuesday, February 23, 2016
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