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Oracle Acquires OpenStack Cloud Startup Nimbula

Oracle revealed plans to acquire Nimbula, a private cloud infrastructure management startup whose co-founder and CEO, Chris Pinkham, helped create Amazon's Elastic Compute Cloud. Nimbula, which has embraced OpenStack, helps companies manage infrastructure and workloads in private and hybrid cloud environments. The amount of the deal wasn't disclosed, but it's expected to close before the end of June.

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