Oracle buys startup Zenedge in cloud security push
Network security startup will widen Oracle's IaaS cloud protection portfolio
Oracle is set to acquire cloud network security firm Zenedge in an expansion of its cloud security range.
Oracle’s acquisition will bring the startup's web application firewall and DDoS mitigation into Oracle's cloud security portfolio as it continues to build out its cloud services in competition with other cloud firms like AWS, Microsoft and IBM.
“We could not be more enthusiastic about joining forces with the leader in enterprise-grade cloud infrastructure, and delivering similar results to even more customers at scale," said Zenedge CEO Yuri Frayman.
Don Johnson, SVP of product development at Oracle, added: “Oracle cloud infrastructure-as-a-service delivers leading cloud services to address those needs. The combination with Zenedge equips Oracle cloud infrastructure with integrated, next-generation network and infrastructure security, to address modern security threats.”
Founded in 2014, Zenedge provides its services to 800,000 websites and networks around the world, generating revenue of nearly £10 million.
The news follows a week of ambitious expansion plans laid out by Oracle, including building a dozen data centres worldwide. These will be in China, Japan, India, Singapore, Saudi Arabia South Korea, Netherlands, Switzerland and two apiece in the US and Canada.
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