Oracle has agreed to acquire network virtualization startup Xsigo Systems for an undisclosed amount, the company announced today.
This will be Oracle’s sixth acquisition this year, following the purchases of Skire, Involver, Taleo, Vitrue, and Collective Intellect.
Xsigo will complement Oracle’s already well-established network and server product portfolio. Xsigo’s software-focused networking products can improve app performance while reducing costs through the reallocation of compute, storage, and network resources. Current Xsigo customers include eBay, British Telecom, Softbank, and Verizon.
“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.”
Photo credit: Oleksiy Mark/Shutterstock
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