Oracle snags cloud startup Ravello in deal said to be worth $500m
Oracle is acquiring cloud startup Ravello in a deal reportedly worth $500 million.
Founded by the team that created the KVM hypervisor, Ravello sells what it calls "nested virtualization" software, with the goal of enabling enterprises to use popular public clouds as an extension of their own data centers. Essentially, the company's technology promises to let companies take any application environment and spin it up to the cloud on demand.
To read this article in full or to leave a comment, please click here