Oracle Buying VC-Backed mValent

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.

PRESS RELEASE

News Facts
    —  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
        IT environments.
    —  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
        independently.
    —  Financial details of the transaction were not disclosed.
    Supporting Quote
    —  “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.”
    Supporting Resources
    —  About Oracle and mValent (http://www.oracle.com/mvalent/index.html)
    —  General Presentation
(http://www.oracle.com/mvalent/mvalent-general-presentation.pdf)
    —  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.

About Oracle

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.