Oracle has agreed to acquire Corente, a Bernardsville, Nj.-based firm whose technology speeds up the deployment of cloud-based applications.
Terms of the deal, expected to close in early 2014, were not disclosed. Until the transaction closes, each company will operate independently, according to a statement on Oracle’s Web site.
Founded in 2007, Corente’s customers include service providers such as British Telecom.
Oracle’s customers are likely “looking for new ways to deliver a growing portfolio of cloud-based applications and services to their entire ecosystem without the long delays of securing and configuring complex infrastructures,” Edward Screven, Corente’s chief corporate architect, wrote in a letter to Oracle’s customers and partners.
Corente is the latest in a series of server- and networking-related acquisitions over the past few years. Oracle acquired Nirvanix in December of 2013 for its cloud storage technology, virtual networking firm Xsigo Systems in July of 2012, Ksplice, a company creating zero-downtime update software in July of 2011, and data storage company Pillar Data systems in June 2011.
In December of 2013, Oracle announced plans to acquire San Bruno, Calif.-based firm providing cloud-based marketing software.