Oracle has agreed to acquire mValent, a Waltham, Mass.-based provider of application configuration management solutions. No financial terms were disclosed. MValent has raised over $26 million in VC funding since 2002, from firms like Charles River Ventures, Flybridge Capital Partners and Polaris Venture Partners.
— Oracle has agreed to acquire mValent, a leading provider of
application configuration management solutions.
— mValent is expected to enhance Oracle Enterprise Manager with
extensive capabilities for managing application configurations across
— Customers are expected to benefit from increased operational
productivity through automation, enhanced audit and governance, and
improved application uptime.
— The transaction is subject to customary closing conditions and is
expected to close the first half of 2009.
— Until the deal closes, each company will continue to operate
— Financial details of the transaction were not disclosed.
— “Effective application configuration management is increasingly
important as businesses look to improve operating efficiencies,” said
Richard Sarwal, senior vice president, Oracle Applications and Systems
Management. “With the addition of mValent, Oracle expects to be able
to address this need by providing customers with the ability to
collect, compare and reconcile deep configuration information of
complex systems. This acquisition is consistent with Oracle’s
strategy for delivering cost-effective solutions for managing
applications that enable customers to adopt new, innovative technology
with reduced risk.”
— About Oracle and mValent (http://www.oracle.com/mvalent/index.html)
— General Presentation
— FAQ (http://www.oracle.com/mvalent/mvalent-faq.pdf)
— Customer Letter (http://www.oracle.com/mvalent/customer-letter.html)
— Partner Letter (http://www.oracle.com/mvalent/partner-letter.html)
This document is for information purposes only and may not be incorporated into a contract.
Oracle (Nasdaq: ORCL) is the world’s largest business software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.