M&A Deal Summary

Oracle Acquires Palerra

On September 18, 2016, Oracle acquired internet software and services company Palerra

Acquisition Highlights
  • This is Oracle’s 25th transaction in the Internet Software and Services sector.
  • This is Oracle’s 100th transaction in the United States.
  • This is Oracle’s 45th transaction in California.

M&A Deal Summary

Date 2016-09-18
Target Palerra
Sector Internet Software and Services
Buyer(s) Oracle
Deal Type Add-on Acquisition

Target

Palerra

Santa Clara, California, United States
Palerra is a Cloud Access Security Broker (CASB), enables organizations to protect business-critical cloud infrastructure and data with LORIC, the cloud security automation platform. LORIC is delivered as a service and can be deployed in minutes.

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Buyer(S) 1

Buyer

Oracle

Austin, Texas, United States

Category Company
Founded 1977
Sector Software
Employees159,000
Revenue 53.0B USD (2024)
DESCRIPTION
Oracle's headquarters in Austin, Texas.
Oracle's headquarters in Austin, Texas.

Oracle provides products and services that address corporate information technology (IT) environments including applications, platforms, and infrastructure. Its products and services are available to customers via cloud computing or on-premises deployment models. Products include database and middleware software, application software, cloud infrastructure software and hardware systems (Oracle Engineered Systems, servers, storage, networking and industry specific products), along with support and related services. Oracle was formed in 1977 and is based in Austin, Texas.


DEAL STATS #
Overall 114 of 132
Sector: Internet Software and Services M&A 25 of 34
Type: Add-on Acquisition M&A Deals 107 of 124
State: California M&A 45 of 52
Country: United States M&A 100 of 114
Year: 2016 M&A 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-06 LogFire

Atlanta, Georgia, United States

LogFire is a provider of cloud-based warehouse management applications. LogFire's built-for-the-cloud solution provides an integrated warehouse, inventory and workforce management platform that easily scales with increased volume and complexity.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-21 Dyn

Manchester, New Hampshire, United States

Dyn, Inc. is a cloud based Internet Performance and DNS provider that monitors, controls, and optimizes Internet applications and cloud services to deliver faster access, reduced page load times, and higher end-user satisfaction.

Buy -