Enterprise software giant Oracle Corp today said it would acquire privately held Xsigo Systems, a network virtualisation software maker.
Oracle did not reveal the financial terms of the deal, but said that the two companies will continue to operate independently and it is "business as usual."
San Jose, California-based Xsigo was founded in 2004 by three brothers - Ashok Krishnamurthi, R K Anand and S K Vinod and Shreyas Shah.
The company that is backed by Kleiner Perkins and Khosla Ventures, provides data centre fabric and I/O virtualisation solutions that helps companies and enterprises to connect any server to any network at 50 per cent less cost than traditional infrastructure.
Xsigo simplifies data centre management by letting the customer connect any server to any network and storage. Its software reduces complexity by eliminating 70 per cent of the cards, cables and switch ports, and gets up to 112 Gbps bandwidth to each server for increased application performance.
Its customers include Verizon, Softbank, eBay, VMware, Salesforce.com and British Telecom.
''The combination of Xsigo for network virtualisation and Oracle VM for server virtualisation is expected to deliver a complete set of virtualisation capabilities for cloud environments,'' said Oracle in a statement.