Customers and Partners,
On January 7, 2014, Oracle announced that it has agreed to acquire Corente, a leading provider of software-defined networking (SDN) technology for wide area networks (WAN). The proposed transaction is subject to regulatory approval and other customary closing conditions. Until the transaction closes, each company will continue to operate independently, and it is business as usual.
Corente's software defined WAN virtualization platform accelerates deployment of distributed and cloud-based applications and services by allowing customers to provision and manage global private networks connecting to any site, over any IP network, in a secure, centralized, and simple manner. Proven deployments at leading enterprises and cloud service providers have dramatically decreased time to deployment of cloud-based applications and services, and increased security and manageability across the enterprise ecosystem.
Companies are looking for new ways to deliver a growing portfolio of cloud-based applications and services to their entire ecosystem without the long delays of securing and configuring complex infrastructures. Corente's cloud-based service delivery platform quickly establishes trusted network services between public or private cloud data centers and any location over any IP network regardless of the type of transport, access, application, or provider involved.
Together, Oracle and Corente are expected to deliver software-defined networking offerings that create cost-effective, secure networks, spanning global deployments, delivering a complete technology portfolio for cloud deployments with SDN offerings that virtualize both the enterprise data center LAN and the WAN.
The Corente team brings significant knowledge and capabilities in software defined networking, and is expected to join Oracle to continue facilitating excellence in virtualization.
For more information please visit www.oracle.com/corente.
Thank you for your continued support.
Oracle is currently reviewing the existing Corente product roadmap and will be providing guidance to customers in accordance with Oracle's standard product communication policies. Any resulting features and timing of release of such features as determined by Oracle's review of Corente product roadmap are at the sole discretion of Oracle. All product roadmap information, whether communicated by Corente or by Oracle, does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. It is intended for information purposes only, and may not be incorporated into any contract.
Cautionary Statement Regarding Forward-Looking Statements
This document contains certain forward-looking statements about Oracle and Corente, including statements that involve risks and uncertainties concerning Oracle's proposed acquisition of Corente, anticipated customer benefits and general business outlook. When used in this document, the words "anticipates", "can", "will", "look forward to", "expected" and similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Oracle or Corente, that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this document due to a number of risks and uncertainties. Potential risks and uncertainties include, among others, the possibility that the transaction will not close or that the closing may be delayed, the anticipated synergies of the combined companies may not be achieved after closing, the combined operations may not be successfully integrated in a timely manner, if at all, general economic conditions in regions in which either company does business may deteriorate and/or Oracle or Corente may be adversely affected by other economic, business, and/or competitive factors. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of Oracle or Corente. You are cautioned to not place undue reliance on forward-looking statements, which speak only as of the date of this document. Neither Oracle nor Corente is under any duty to update any of the information in this document.