Oracle (ORCL) has reached an agreement to acquire Xsigo Systems, a provider of network virtualization technology. The transaction terms were not disclosed.
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, according to Oracle.
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 anticipated to deliver a complete set of virtualization capabilities for cloud environments.
John Fowler, Oracle Executive Vice President of Systems, stated, "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."
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