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February 23, 2016updated 31 Aug 2016 4:59pm

Ravello Systems joins Oracle’s IaaS cloud mission in $500m buyout

News: Ravello Systems offers nested virtualisation and software-defined networking SaaS.

By CBR Staff Writer

In a bid to further strengthen its cloud business, Oracle has bought Ravello Systems for a reported $500m. Ravello Systems, which is based in Israel, is a provider of nested virtualisation and software-defined networking SaaS.

Ravello Systems enables companies to create cloud-based development, test, UAT, integration and staging environments by automatically cloning their VMware-based applications in AWS.

Ravello Systems CEO Rami Tamir said: "Upon closing of the transaction, our team will join the Oracle Public Cloud (OPC) organisation and our products will become part of Oracle Cloud.

"We believe this agreement will accelerate our ability to reach more customers, deliver more value, and enhance our technology at an accelerated pace in order to better serve you."

"Ravello will join in Oracle’s IaaS mission to allow customers to run any type of workload in the cloud, accelerating Oracle’s ability to help customers quickly and simply move complex applications to the cloud without costly and time-consuming application rewrites."

Ravello Systems was founded in 2011 by Rami Tamir and Benny Schnaider and released the industry’s first Cloud Application Hypervisor.

The company has also previously released the public beta of its service that’s designed to enable developers to harness the unlimited resources of the public cloud to develop and test applications.

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Tamir added: "I want to emphasise that our top priority is ensuring an uninterrupted service and seamless experience for you and all of our customers and partners.

"Rest assured, Ravello’s service will continue "as is." In the coming months, we will be working to continue enhancing our value to you and we are looking forward to developing new products and services enabled by this combination."

Earlier this month, Ravello Systems closed its second round of funding from Sequoia Capital, Norwest Venture Partners and Bessemer Venture Partners, taking the total raised funds to $26m.

Ravello Systems president and chairman of the board Benny Schnaider said at that time: "We have developed a Cloud Application Hypervisor that encapsulates multi-VM applications along with their entire environment including the VMs, networking, storage etc. so that enterprises can run any application in any cloud without making any changes.

"Unlike other solutions in the market that adopt a management only approach, Ravello’s Cloud Application Hypervisor normalises the application environment so that it can run on the private or public cloud."

With the acquisition, Oracle is expecting to compete against cloud leaders like Amazon, Microsoft, Google and IBM.

Oracle has also released Oracle Enhanced Data Rate (EDR) InfiniBand Fabric which aims to transform the delivery of business-critical Applications in the cloud.

Oracle claims that the software-defined networking-enabled solution offers ten times performance improvement in cloud network infrastructure.

The converged fabric solution can facilitate 100 GB/s data transmission enabling companies to speed up application performance according to changing business needs.

Oracle’s EDR InfiniBand Fabric offers better efficiency as it provides a single fabric for all server and storage communication, supporting native InfiniBand, virtualised Ethernet, and Fibre Channel.

In addition, the company has also released a new version of Oracle Communications Network Service Orchestration Solution for Communication Service Providers (CSPs) which will unify network and IT service delivery to accelerate cloud deployment of core network functions.

It will allow communication services to rapidly design and automatically deploy, scale, heal and terminate services in the network core.

Oracle Communications senior vice president and general manager Doug Suriano said: "As CSPs evolve their networks to take advantage of cloud technologies, they must consider how to rapidly introduce virtual network functions while ensuring services are delivered with consistent, prescribed levels of quality.

"This new release of Oracle Communications Network Service Orchestration Solution enables CSPs to deploy and manage network functions optimally to ensure, for example, that premium customer services are guaranteed to be configured on appropriate resources from end to end."

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