Oracle invests in PaaS, acquires Cloud Suppliers

Posted November 29, 2012

Oracle acquire Engine Yard, Instantis

Oracle has recently announced that it has made a strategic minority investment in Platform as a Service company Engine Yard, (San Francisco, CA, USA) a leading cloud development platform that supports Ruby, PHP and Node.js, popular web development languages, as well as acquiring cloud project management software company, Instantis (Santa Clara, CA, USA).

The Engine Yard Platform-as-a-Service (PaaS) automates the configuration, deployment and on-going maintenance of cloud environments to enable application developers to rapidly build, deploy and manage cloud applications.

In conjunction with this investment, Oracle and Engine Yard expect to work closely together to provide cloud application developers with a greater choice of development and deployment options. The two companies are expected to connect their respective PaaS offerings to enable more rapid development of applications in a secure, reliable and scalable environment.

Thomas Kurian, Executive VP, Oracle

“Developers building new web applications in Ruby, PHP and Node.js to meet growing demands associated with mobile and social computing need a robust web PaaS offering,” said Thomas Kurian, executive vice president, Oracle Development. “We are looking forward to integrating the Oracle Cloud with Engine Yard’s platform to further extend our PaaS capabilities for web application development.”

Developers can more efficiently extend their packaged applications to support additional business requirements and test, prototype and deploy new purpose-built applications without having to assemble and maintain the infrastructure. Engine Yard will continue to operate as an independent company. Financial details of the investment were not disclosed.

John Dillon, CEO, Engine Yard

“The partnership of Oracle and Engine Yard will provide developers with a choice of leading application development and deployment platforms,” said John Dillon, CEO, Engine Yard. “Oracle’s global scale and resources partnered with our deep expertise in deploying web-scale applications will provide enterprises with a complete and trusted application platform that enables them to easily leverage the power of the cloud.”

In other news, Oracle have announced the acquisition of Instantis, a leading provider of cloud-based and on-premise project portfolio management (PPM) solutions.

Instantis

Instantis enables IT departments, product development teams, and business process leaders to manage multiple corporate initiatives, and improve strategic alignment, execution, and financial performance.

“Oracle’s acquisition of Instantis represents a strong endorsement of the EnterpriseTrack® cloud-based technology and the value customers have achieved with our solutions. We’re excited to be a part of Oracle as we combine resources to help the business scale more rapidly,” said Prasad Raje, CEO and Founder, Instantis.

By combining Instantis with leading capabilities from Oracle’s Primavera and Fusion Applications, Oracle expects to provide the most comprehensive set of cloud-based and on-premise Enterprise Project Portfolio Management solutions. The combined Oracle solutions will provide the ability to manage, track and report on enterprise strategies – from capital construction and maintenance, to manufacturing, IT, new product development, Lean Six Sigma, and other corporate initiatives.

Source: Oracle

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Hans Peter Bech

Hans Peter Bech is a bestselling author and a frequent blogger on how to make information technology companies global market leaders. He has produced numerous books, papers, podcasts and videos on international business development in the IT industry. Hans Peter is also a keynote speaker, workshop facilitator, and an advisor for governments and companies. He holds an M.Sc. in macroeconomics and political science from the University of Copenhagen. LinkedIn: https://www.linkedin.com/in/hanspeterbech