I am thrilled to share that Ravello Systems has entered into an agreement to be acquired by Oracle. The proposed transaction is subject to customary closing conditions. Upon closing of the transaction, our team will join the Oracle Public Cloud (OPC) organization and our products will become part of Oracle 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.
Thank you for your continued support. I want to emphasize 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.
Oracle Cloud offers best-in-class services across a full suite of products in software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS). Ravello will join in Oracle’s IaaS mission to allow customers to run any type of workload in the cloud, accelerating Oracle’s ability to help customers quickly and simply move complex applications to the cloud without costly and time-consuming application rewrites.
Please do not hesitate to reach out to me or anyone at Ravello if you have any specific questions and corporate information can be found at http://www.oracle.com/ravellosystems.
About Ravello Systems
Ravello is the industry’s leading nested virtualization and software-defined networking SaaS. It enables enterprises to create cloud-based development, test, UAT, integration and staging environments by automatically cloning their VMware-based applications in AWS. Ravello is built by the same team that developed the KVM hypervisor in Linux.