Oracle To Acquire Zenedge For Cloud Security

2/26/18

Quick Take

Oracle (ORCL) has announced an agreement to acquire Zenedge for an undisclosed sum.

Zenedge has developed a suite of cybersecurity software to enable companies to adaptively and proactively protect their online operations.

ORCL is acquiring Zenedge as part of an ongoing effort to build out its infrastructure [IaaS] offerings as enterprises continue their transition from on-premises to the cloud.

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