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Thursday, February 5, 2009

Oracle acquires mValent

Oracle announced on Feb 4th, 2009 that it has agreed to acquire mValent Inc., a leading provider of application configuration management solutions. Oracle didn't disclose the financial terms of the deal but expected to close by first half of 2009.

mVanelt Inc., is a provider of configuration management solutions with deep domain expertise. mValent provides holistic view of effective application configuration management of all your infrastructure. mVelent enhances Oracle's enterprise manager while deploying tested applications, provides add-on tools for monitoring applications, simplifies root-cause analysis and issue resolution.

mValent Inc is a privately owned company based out of Waltham, MA.

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