SOURCE: Oracle
News Facts
- Oracle today announced that it has entered into an agreement to acquire Xsigo Systems, a leading 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.The combination of Xsigo for network virtualization and Oracle VM for server virtualization is expected to deliver a complete set of virtualization capabilities for cloud environments.
- Terms of the agreement were not disclosed. More information on this announcement can be found at oracle.com/xsigo.
Supporting Quotes
“The proliferation of virtualized servers in the last few years has made the virtualization of the supporting network connections essential,” said John Fowler, Oracle Executive Vice President of Systems. “With Xsigo, customers can reduce the complexity and simplify management of their clouds by delivering compute, storage and network resources that can be dynamically reallocated on-demand.”
“Customers are focused on reducing costs and improving utilization of their network,” said Lloyd Carney, Xsigo CEO. “Virtualization of these resources allows customers to scale compute and storage for their public and private clouds while matching network capacity as demand dictates.”
Supporting Resources
About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ:ORCL), visit www.oracle.com
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Contact Info
| Letty Ledbetter Oracle Public Relations +1.650.506.8071 letty.ledbetter@oracle.com |
Ken Bond Oracle Investor Relations +1.650.607.0349 ken.bond@oracle.com |
