Oracle invests in PaaS, acquires Cloud Suppliers
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.
“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.”
“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.”
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.