Oracle makes minority investment in Platform-As-A-Service company

Tech giant Oracle has said it had made a strategic minority investment in a Platform-As-A-Service (PaaS) company named Engine Yard.

Engine Yard is seen as a leading cloud development platform that supports popular Web development languages such Ruby, PHP and Node.js and others.

Thomas Kurian, executive vice president at Oracle Development said: “Developers building new web applications in Ruby, PHP and Node.js to meet growing demands associated with mobile and social computing need a robust web PaaS offering.”

He added that the company is looking forward to integrating the Oracle Cloud with Engine Yard’s platform to further extend its PaaS capabilities for Web application development.

Engine Yard’s PaaS offering automates the configuration, deployment and on-going maintenance of cloud environments to enable application developers to rapidly build, deploy and manage cloud applications.

Both companies declared they expect to work closely to provide cloud application developers with a greater choice of development and deployment options. They hope to connect their respective PaaS offerings to enable more rapid development of applications in a secure, reliable and scalable environment.

Seeing that it is a minority investment, Engine Yard will continue to operate as an independent company.

“The partnership of Oracle and Engine Yard will provide developers with a choice of leading application development and deployment platforms,” John Dillon, Engine Yard’s boss said, adding that, “Oracle’s global scale and resources partnered with our deep expertise in deploying web-scale applications will provide enterprises with a complete and trusted application platform that enables them to easily leverage the power of the cloud.”

Financial details of the investment were however not made available.

Posted in: Gadgets

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