Oracle has announced its eighth acquisition of the year with the purchase of cloud access security broker (CASB) Palerra.
The deal, for an undisclosed sum, was announced at the start of Oracle OpenWorld in San Francisco.
Oracle said that the acquisition was primarily for Palerra's Loric product that "protects and assures compliance of applications, workloads and sensitive data stored across cloud services", according to the firm.
The software provides a combination of visibility into cloud use, data security, user behaviour, security configuration and automated incident response.
Customers can respond to cloud security incidents in real time, protecting sensitive company data and workloads across all of the leading cloud services.
"Together, Oracle and Palerra will help accelerate cloud adoption securely by providing comprehensive identity and security cloud services," said Peter Barker, senior vice president of identity management and security products at Oracle, in a letter to customers.
"The combination of Oracle Identity Cloud Service and Palerra's CASB solution [will] deliver comprehensive protection for users, applications and APIs, data and infrastructure to secure customer adoption of the cloud."
Oracle has also acquired the company for the knowledge and expertise of its founders and staff.
The purchase is the eighth for Oracle this year after AddThis in January, Ravello in February, Crosswise and Textura in April, Opower in May, NetSuite in July and LogFire in September.
Oracle's acquisition strategy has focused on cloud companies in recent years in a bid to make up ground lost to Amazon, Microsoft and SAP. Oracle founder and executive chairman Larry Ellison now claims that this ground has been recovered.
Ellison focused his fire on Amazon, and especially the firm's Redshift database, in a keynote at Oracle OpenWorld yesterday.
"Redshift is developed by Amazon [and] only runs in Amazon, [and] once you're moved in you can't ever move Redshift out," he said.
Ellison went on to describe how it is "cheap to move the data in, but very expensive to move it out. Some people would call that the ultimate lock-in."
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