Oracle Buys Corente

  • Year
    March/2014
  • Sector
    Software/SaaS Cybersecurity
  • Our Mission
    Exclusive financial advisor to Corente
SDN Software
 

REDWOOD SHORES, CA | January 7th, 2014 – Oracle today announced that it has entered into an agreement to acquire Corente, a leading provider of software-defined networking (SDN) technology for wide area networks (WANs).

Corente’s software-defined WAN virtualization platform accelerates deployment of cloud-based applications and services by allowing customers to provision and manage global private networks connecting to any site, in a secure, centralized and simple manner.

Corente’s Cloud Services Exchange delivers, secures, and manages distributed applications over diverse networks, globally, to any site, over any IP network, regardless of the type of transport, access, application or provider involved.

Together, Corente and Oracle are expected to deliver a complete technology portfolio for cloud deployments with SDN offerings that virtualize both the enterprise data center LAN and the WAN, dramatically decreasing time to deployment of services and increasing security and manageability across the enterprise ecosystem.

“Oracle customers need networking solutions that span their data centers and global networks,” said Edward Screven, Oracle’s Chief Corporate Architect. “By combining Oracle’s technology portfolio with Corente’s industry leading platform extending software-defined networking to global networks, enterprises will be able to easily and securely deliver applications and cloud services to their globally distributed locations.”

“Corente provides a full lifecycle approach to automating the provisioning and management of service delivery networks,” said Jim Zucco, Corente’s CEO. “Together with Oracle, we expect to deliver software-defined networking offerings that create cost-effective, secure networks, spanning global business ecosystems.”

About Oracle

Oracle engineers hardware and software to work together in the cloud and in your data center.

For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

About Drake Star Partners
 

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