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Oracle buys Palerra to boost its security stack

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By Blogger
The Oracle headquarters is shown in Redwood City, Calif., Monday, June 18, 2012. Oracle reported Monday that it earned $3.45 billion, or 69 cents per share, for the three months ending in May. (AP Photo/Paul Sakuma) Oracle is kicking off a big customer confab in San Francisco this week, and to mark the event, it’s announced an acquisition. Oracle is acquiring Palerra, a cloud security startup founded and led by Oracle alum Rohit Gupta. Terms of the deal were not disclosed but we will try to find out. Palerra was founded in 2013 and raised $25 million with investors including Norwest Venture Partners… Read More
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