Oracle announced on Monday that it has entered into an agreement to acquire Xsigo Systems, a provider of network virtualization technology.
Xsigo’s software-defined networking technology simplifies cloud infrastructure and operations by allowing customers to dynamically and flexibly connect any server to any network and storage, resulting in increased asset utilization and application performance while reducing cost.
The company’s products have been deployed at hundreds of enterprise customers including British Telecom, eBay, Softbank and Verizon.