Financial Advisor
Zenedge
M&A Advisory
Has Been Acquired By
Transaction Details
- On February 15, 2018, Oracle Corporation announced that it had signed an agreement to acquire Zenedge.
- The terms of the transaction were not disclosed.
- Zenedge is a leading cloud-based network and infrastructure security provider. Customers leverage Zenedge’s Web Application Firewall (WAF) and Distributed Denial of Service (DDoS) mitigation products to secure their applications, networks, databases, and APIs from malicious internet traffic.
- Stephens Inc. served as the exclusive financial advisor to Zenedge.
About the company
Oracle
With 430,000 customers in 175 countries, Oracle provides leading-edge capabilities in software as a service, platform as a service, infrastructure as a service, and data as a service from data centers throughout the Americas, Europe, and Asia. For more information about Oracle (NYSE: ORCL), visit www.oracle.com.
Zenedge
Zenedge helps secure critical IT systems deployed via cloud, on-premise or hybrid hosting environments. Customers leverage Zenedge’s WAF and DDoS mitigation products to secure their applications, networks, databases and APIs from malicious Internet traffic. Powered by artificial intelligence (AI), Zenedge’s products and 24/7 virtual Security Operations Center (SOC) defend over 800,000 web properties and networks globally. More information is available at www.oracle.com/zenedge.
Sources: Oracle press release and publicly available information
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