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  1. #1
    WHT-BR Top Member
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    [EN] Oracle buys startup Ravello for $500 million

    All Ravello employees will be joining Oracle as part of Oracle Public Cloud.

    Jordan Novet
    February 22, 2016

    Oracle today disclosed that it has acquired Ravello Systems, a company with tools for running enterprise workloads in public cloud environments. Oracle didn’t disclose terms of the deal, but a source familiar with the matter said Oracle is paying $500 million to do the deal.

    Oracle is rapidly trying to accelerate its cloud business and take on the likes of Amazon Web Services and Microsoft Azure. Today’s acquisition could be strategically important as Oracle rushes to stand up its cloud infrastructure for compute, storage, and networking workloads.

    “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 cofounder and chief executive Rami Tamir wrote in a letter about the deal.

    As of last year Ravello had raised $54 million, including a $26 million round announced in 2013. Investors include Qualcomm Ventures, SanDisk Ventures, Sequoia Capital, Bessemer Venture Partners, Norwest Venture Partners, and Vintage Investment Partners.

    Ravello started in 2011 and was based in Palo Alto, California, not far from Oracle headquarters in Redwood City. Customers include Arista, Brocade, Red Hat, SUSE, and Symantec.

    Ravello’s services will continue to be available from Oracle, Tamir wrote.
    http://venturebeat.com/2016/02/22/or...r-500-million/

  2. #2
    WHT-BR Top Member
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    Dec 2010
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    Oracle Buys Ravello Systems

    Ravello enables enterprises to create cloud-based development, test, UAT, integration and staging environments by automatically cloning their VMware-based applications in AWS. Ravello is built by the same team that developed the KVM hypervisor in Linux.



    Rami Tamir
    February 22, 2016

    I am thrilled to share that Ravello Systems has entered into an agreement to be acquired by Oracle. The proposed transaction is subject to customary closing conditions. Upon closing of the transaction, our team will join the Oracle Public Cloud (OPC) organization and our products will become part of Oracle Cloud. We believe this agreement will accelerate our ability to reach more customers, deliver more value, and enhance our technology at an accelerated pace in order to better serve you.

    Thank you for your continued support. I want to emphasize that our top priority is ensuring an uninterrupted service and seamless experience for you and all of our customers and partners. Rest assured, Ravello’s service will continue “as is.” In the coming months, we will be working to continue enhancing our value to you and we are looking forward to developing new products and services enabled by this combination.

    Oracle Cloud offers best-in-class services across a full suite of products in software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS). 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.

    Please do not hesitate to reach out to me or anyone at Ravello if you have any specific questions and corporate information can be found at http://www.oracle.com/ravellosystems.

    Thank you,

    Rami Tamir
    CEO
    Ravello Systems
    https://www.ravellosystems.com/blog/...vello-systems/

  3. #3
    WHT-BR Top Member
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    Dec 2010
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    Oracle has acquired Ravello, purveyor of a cloud-spanning hypervisor

    Simon Sharwood
    23 Feb 2016

    Ravello de-cloaked in 2013, giving the world technology that virtualises hypervisors to make them portable. The outcome of that trick is the ability to encapsulate an app and run it just about anywhere, without having to re-tool it for a particular cloud. The upshot of this trick is that an app built on ESX will happily run in a Xen-powered cloud like AWS. Or in any other cloud on any other hypervisor.

    Ravello's done okay in the years since its debut, with our very own Trevor Pott rating it as exciting virtualisation nerds like no other startup. And exciting Oracle, too.

    Ravello's announcement of the acquisition says it's business as usual.

    “I want to emphasize that our top priority is ensuring an uninterrupted service and seamless experience for you and all of our customers and partners,” writes CEO Rami Tamir. “Rest assured, Ravello’s service will continue 'as is'.”

    Tamir adds that “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.”

    Which sounds like good news for Oracle, whose cloud is well-regarded but not often mentioned in the top tier of cloud providers. A less-demanding on-ramp into Big Red's Big Red Cloud may make it more attractive.

    The value of the transaction's not been disclosed, but sources report US$500 million will change hands.
    http://www.theregister.co.uk/2016/02...big_red_cloud/
    Última edição por 5ms; 23-02-2016 às 07:41.

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