{"id":20737,"date":"2016-02-23T18:09:05","date_gmt":"2016-02-23T18:09:05","guid":{"rendered":"http:\/\/www.businesscloudnews.com\/?p=245441"},"modified":"2016-02-23T18:09:05","modified_gmt":"2016-02-23T18:09:05","slug":"oracle-buys-enterprise-workload-manager-ravello-systems-for-a-reported-500m","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/oracle-buys-enterprise-workload-manager-ravello-systems-for-a-reported-500m\/","title":{"rendered":"Oracle buys enterprise workload manager Ravello Systems for a reported $500m"},"content":{"rendered":"<p><a href=\"http:\/\/www.businesscloudnews.com\/files\/2014\/06\/Oracle.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-191172\" src=\"http:\/\/www.businesscloudnews.com\/files\/2014\/06\/Oracle-300x200.jpg\" alt=\"Oracle\" width=\"300\" height=\"200\" \/><\/a>Oracle has <a href=\"https:\/\/www.oracle.com\/corporate\/acquisitions\/ravellosystems\/index.html\">disclosed<\/a> details of its acquisition of workload management specialist Ravello Systems. No financial terms were revealed over the deal, but sources familiar with the company value the sale at $500 million, according to venture capital news site <a href=\"http:\/\/venturebeat.com\/2016\/02\/22\/oracle-buys-cloud-software-startup-ravello-systems-for-500-million\/\">Venturebeat<\/a>.<\/p>\n<p>Ravello, which makes tools that help enterprises manage their enterprise workloads in the cloud, signed an agreement to be acquired on February 22<span style=\"font-size: 10.8333px;\">\u00a0<\/span>with all employees joining Oracle\u2019s Public Cloud division.<\/p>\n<p>The new management features will help Oracle\u2019s Public Cloud beef up the performance of its computing, storage and networking workloads. Oracle has launched a number of initiatives aimed at positioning its cloud business more favourably against market leaders Amazon Web Services (AWS) and Microsoft Azure.<\/p>\n<p>In February BCN <a href=\"http:\/\/www.businesscloudnews.com\/2016\/02\/02\/oracle-launches-a-mission-critical-paas-from-its-slough-data-centre\/\">reported<\/a> how Oracle had added new Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) cloud offerings from its Slough data centre, which currently caters for 500 UK and global customers. Clients from both the private and public sector are being promised tailored versions of the new services, which include Oracle\u2019s Database, Dedicated Compute, Big Data and Exadata cloud services.<\/p>\n<p>Palo Alto based Ravello was founded in 2011 and was balancing the cloud workloads for clients such as Arista, Brocade, Red Hat, SUSE and Symantec. In total it had raised $54 million in funding from venture capitalists such as Sequoia Capital, Norwest Venture Partners and Bessemer Venture Partners because its Cloud Application Hypervisor offered enterprises a way to unify the application environment across public and private clouds.<\/p>\n<p>Ravello CEO Rami Tamir explained on the company <a href=\"https:\/\/www.ravellosystems.com\/blog\/oracle-buys-ravello-systems\/\">web site<\/a> why the technology will be part of the Oracle Public Cloud. \u201cThis agreement will accelerate our ability to reach more customers,\u201d said Tamir, \u201cour top priority is ensuring an uninterrupted service and seamless experience for you and all of our customers and partners. Rest assured, Ravello\u2019s service will continue as is. Ravello will join Oracle\u2019s IaaS mission to allow customers to run any type of workload in the cloud.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oracle has disclosed details of its acquisition of workload management specialist Ravello Systems.<\/p>\n","protected":false},"author":105,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2185,1976,1018,1419],"tags":[],"class_list":["post-20737","post","type-post","status-publish","format-standard","hentry","category-ma","category-news-analysis","category-oracle","category-ravello-systems"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/20737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/105"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=20737"}],"version-history":[{"count":1,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/20737\/revisions"}],"predecessor-version":[{"id":20738,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/20737\/revisions\/20738"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=20737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=20737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=20737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}