Oracle has continued its drive into the cloud by securing a deal for public cloud player Ravello Systems yesterday.
Founded in 2011, Ravello claims to help enterprises with challenges they face in the public cloud and counts Deutsche Telekom and gambling firm 888 among its customers.
In a laconic post, Oracle announced the acquisition, and said: "All Ravello employees will be joining Oracle as part of Oracle Public Cloud."
Although the value of the deal was not disclosed, VentureBeat reported it was worth $500m (£354.7m).
Rami Tamir, Ravello's chief executive, said in a statement that Ravello's products will be improved as they are moved under the Oracle Public 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," he said.
"Thank you for your continued support. 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."
In the past few months Oracle has emphasised its commitment to the cloud, and earlier this month it launched its PartnerNetwork (OPN) Cloud Programme.
The Ravello deal follows Oracle's acquisition of marketing software player Maxymiser last August.
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