Oracle to Acquire Wercker

Oracle (NYSE: ORCL), a Redwood Shores, California-based multinational computer technology corporation, is to acquire Wercker, a San Francisco, California-based company that enables organizations and their development teams to achieve continuous integration and continuous delivery (CI/CD) goals with micro-services and Docker.

The proposed transaction, whose amount was not disclosed, is subject to customary closing conditions.

Led by Micha Hernandez van Leuffen, Founder and CEO, Wercker provides a container centric and cloud-native automation platform, comprised of a local command line interface (CLI), an online SaaS platform and an API, which enables organizations and their development teams to achieve their continuous integration and continuous delivery (CI/CD) goals with micro-services and Docker.

With the acquisition, Oracle, which is building a IaaS and PaaS platform as the foundation for a new generation of cloud computing, will add Wercker to this developer platform.
After the close of the transaction, Oracle plans to continue investing in Wercker including more functionality and capabilities at a quicker pace. In addition, Wercker customers will benefit from better integration and alignment with Oracle’s other product offerings.
The community edition of Wercker will remain free.

FinSMEs

23/04/2017

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