Oracle Acquires Ravello Systems for Undisclosed Sum

  • Feed Type
  • Date
    2/23/2016
  • Company Name
    Ravello Systems
  • Mailing Address
    1121 San Antonio Road Palo Alto, CA 94303 USA
  • Company Description
    Ravello is the industry’s first cloud application platform. This unique infrastructure allows enterprises to take any application and run it in any cloud without any modifications whatsoever.
  • Website
    http://www.ravellosystems.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Financial terms of the transaction were not disclosed by the companies, however Israeli media reported that it was between $400 million and $450 million.

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