Oracle (NYSE: ORCL) is buying technology company Corente.
Corente, headquartered in Bernardsville, N.J., provides networking technology. The company’s products aim to allow customers to manage private networks connecting to any site in a secure manner. Terms of the deal were not disclosed.
By combining Oracle’s technology portfolio with Corente’s platform extending software-defined networking to global networks, enterprises will be able to easily and securely deliver applications and cloud services to their globally distributed locations, says Edward Screven, Oracle’s chief corporate architect.
Tedwood City, Calif.-based Oracle, which sells database software, agreed to buy Responsys Inc.(Nasdaq: MKTG) in December for about $1.5 billion. In October, the company said it would buy Big Machines in a move to expand its cloud offerings.