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Oracle acquires Palerra

Oracle acquires cloud access security broker Palerra to boost its cloud security offerings
Oracle buys Palerra
Founded in 2013, Palerra will join Oracle to help them extend the Oracle Identity Cloud Service with an innovative Cloud Access Security Broker. However the transaction is subject to customary closing conditions and until it closes, both companies will operate independently.
Codrut Nistor,

Oracle announced a new corporate acquisition this Sunday. In a move that aims to improve its cloud-related services, the American multinational computer technology corporation signed an agreement to acquire Palerra. With a history of only three years behind, Palerra was founded to "enable and accelerate enterprise adoption of Cloud and SaaS applications by reducing security concerns."

According to Oracle, "Palerra offers a unique combination of visibility into cloud usage, data security, user behavior analytics, and security configuration, with automated incident responses." The main goal of this purchase is to enable Oracle to extend its Identity Cloud Service with an innovative Cloud Access Security Broker (CASB).

As it usually happens with such agreements, the financial terms of the Oracle-Palerra deal have not been disclosed yet. Since the transaction is subject to customary closing conditions, the two companies involved will continue to operate independently until it closes. Once this happens, the entire Palerra team will join Oracle.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2016 09 > Oracle acquires Palerra
Codrut Nistor, 2016-09-19 (Update: 2016-09-19)
Codrut Nistor
Codrut Nistor - News Editor
Although I have been writing about new software and hardware for almost a decade, I consider myself to be old school. I always enjoy listening to music on CD or tape instead of digital files and I will not even get into the touchscreen vs physical keys debate. However, I also enjoy new technology, as I now have the chance to take a look at the future every day. I joined the Notebookcheck crew back in 2013 and I have no plans to leave the ship anytime soon.