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Oracle (NYSE:ORCL) continues its habit of following the lead of rivals in buying startups in hot...

Jul. 30, 2012 9:54 AM ETOracle Corporation (ORCL) StockORCL, VMWBy: Eric Jhonsa, SA News Editor

Oracle (NYSE:ORCL) continues its habit of following the lead of rivals in buying startups in hot markets (I, II). Its latest target is Xsigo, developer of hardware/software solutions for managing data center infrastructures. Like rival Nicira, which VMware (NYSE:VMW) just bought for $1.26B, Xsigo is an avid supporter of software-defined networking (SDN). The startup counts British Telecom, Verizon, and eBay among its customers. (PR)

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