Following Move To Acquire Sun, Oracle Buys Virtual Iron
May 13th, 2009 • Related • Filed Under
————————————————————————————————————-
—————————————————————————————————————
As had been
rumored for quite a while,
Oracle has now agreed to acquire
Virtual Iron Software, a provider of server virtualization management software that enables dynamic resource and capacity management in virtualized data centers (we’ve
covered the company quite a bit in the past).
This comes right off the heels of Oracle’s move to
swallow Sun Microsystems.
The combination of Virtual Iron’s technology and
Oracle VM’s server virtualization product is expected to provide more comprehensive and dynamic resource management across the full software stack. Customers are expected to benefit from better capacity utilization, streamlined virtual server configuration, and improved visibility and control of their enterprise software.
The transaction is subject to customary closing conditions and is expected to close this summer. Until the deal closes, each company will continue to operate independently. Financial details of the transaction were not disclosed.
“Industry trends are driving demand for virtualization as a way to reduce operating expenses and support green IT strategies without sacrificing quality of service,” said Wim Coekaerts, Oracle Vice President of Linux and Virtualization Engineering. “With the addition of Virtual Iron, Oracle expects to enable customers to more dynamically manage their server capacity and optimize their power consumption. The acquisition is consistent with Oracle’s strategy to provide comprehensive enterprise software management and will facilitate more efficient management of application service levels.”
(Source:
ZDnet)






Pingback by NY Times: Virtual Iron Was Bleeding Money When Oracle Bought It : Virtualization.com on 23 May 2009:
[...] recently reported Oracle had acquired Virtual Iron, but now The NY Times has obtained financial documents that show Virtual Iron lost a heck of a lot [...]
Pingback by Oracle To Terminate Virtual Iron Business : Virtualization.com on 21 June 2009:
[...] recently acquired Virtual Iron, even if it wasn’t exactly generating spectacularly good financial results ( to put it [...]
Pingback by Oracle To Terminate Virtual Iron Business | Virtualize IT on 21 June 2009:
[...] recently acquired Virtual Iron, even if it wasn’t exactly generating spectacularly good financial results ( to put it [...]
Pingback by Oracle To Terminate Virtual Iron Business - Storage Informer on 22 June 2009:
[...] recently acquired Virtual Iron, even if it wasn’t exactly generating spectacularly good financial results ( to put it [...]