Oracle swoops on Xsigo
Virtualisation vendor bumps up titan's growing cloud credentials
Oracle has continued its shopping spree with the acquisition of I/O virtualisation vendor Xsigo for an undisclosed figure.
Xsigo, which has distribution deals with Arrow ECS and Zycko and whose UK VAR partners include Kelway, SCC and Computacenter, will be the seventh company to have been bought by the vendor giant this year.
It will join social media and cloud-based companies Skire, Involver, Collective Intellect, Virtue, ClearTrial and Taleo on the list of acquisitions that Oracle has racked up since January.
The announcement comes after VMware revealed its takeover of Xsigo rival Nicira last week in a $1.26bn deal (£800m).
John Fowler, Oracle executive vice president of systems, said Xsigo's software-based technology will enhance Oracle's virtualisation capabilities for the cloud.
"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," he added.
Until the closing regulations to which the deal is subject are satisfied, the companies will trade separately.