Oracle agreed to acquire Zenedge, which helps enterprises secure their IT systems whether deployed in cloud, on-premise or hybrid hosting environments. Financial terms were not disclosed.
Zenedge, which is based in El Segundo, California, offers Web Application Firewall (WAF) and Distributed Denial of Service (DDoS) mitigation products. The company said its products help defend over 800,000 web properties and networks globally.
Oracle said the Zenedge acquisition will help expands its Cloud Infrastructure and Domain Name System (DNS) capabilities, adding innovative application and network protection that augments existing Oracle security services and partnerships.
“Customers achieve tremendous results with Zenedge’s innovative WAF and DDoS mitigation products, from a 99% reduction in illicit website traffic to a 99.75% improvement in page load times,” said Yuri Frayman, CEO of Zenedge. “We could not be more enthusiastic about joining forces with the leader in enterprise-grade cloud infrastructure, and delivering similar results to even more customers at scale.”