Cloud Computing: Oracle Buys Xsigo
Grazed from Sys Con Media. Author: Maureen O’Gara.
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A week ago VMware said it was buying Nicira for $1.26 billion for its cloudy software-defined network virtualization. Monday morning Oracle said it’s buying Xsigo Systems for its cloudy software-defined network virtualization.
Oracle’s not saying what it’s paying and it’s unclear how much funding the eight-year-old company took in from VCs like Kleiner Perkins, Khosla Ventures, Greylock Partners and North Bridge Venture Partners.
Like the Nicira acquisition, Xsigo in Oracle’s hands threatens Cisco and Juniper…


