Oracle has announced that it is acquiring San Jose, California-based Talari Networks. Talari’s Software-Defined Wide Area Network (SD-WAN) technology offers centralized control and improved application performance that is used by more than 500 customers in over 40 countries. This acquisition is expected to help grow Oracle’s cloud business by providing customers with advanced and secure enterprise networking services.
Talari has developed a proprietary Failsafe technology that enhances the benefits of SD-WAN through greater reliability and predictability. And it also monitors security for site-to-site and site-to-cloud connectivity and access to applications over any IP network. And Talari’s technology also delivers a multi-network WAN that has 50-400 times more bandwidth per dollar, which brings WAN cost reductions of 40%-80%.
“The addition of Talari’s technology is expected to complement Oracle Communications’ leading Session Border Controller (SBC) and network management infrastructure by adding high availability and Quality-of-Experience (QoE) connectivity and cloud application access across any IP network with the reliability and predictability of private networks,” said Oracle in a statement. “Together, Oracle and Talari will accelerate digital transformation and cloud adoption by providing companies with complete enterprise network solutions that ensure reliability and performance of real-time communications and mission-critical applications over any network.”
Talari Networks raised over $53 million in funding since the company was founded in 2006, according to Crunchbase. And the company was founded by Andy Gottlieb and John Dickey. Prior to launching Talari Networks, Gottlieb and Dickey also worked for AppliedMicro.
The terms of this deal were undisclosed. And the acquisition is expected to close later this year. After the deal is closed, Talari will be integrated into Oracle’s Communications Global Business Unit.
Trending on Pulse 2.0
- How Huda Kattan Built A Beauty Brand Worth More Than $1 Billion
- Detroit-Based Huron Capital Names Anthony Pulice As Partner
- Report: Getaround Is Raising Over $200 Million At More Than A $1 Billion Valuation
- GM Names Deborah Wahl As Chief Of Global Marketing
- Farm Management Platform Company Fieldin Raises $12 Million