Oracle Acquires Ksplice

Redwood Shores, CA-based database giant Oracle (NASDAQ: ORCL) said today that it has bought Cambridge, MA-based Ksplice, a maker of technology for updating Linux. The acquisition is designed to strengthen Linux by enabling users to apply security updates, diagnostics patches, and critical bug fixes without rebooting the product, according to Oracle. Ksplice has been a success in Boston-area business competitions, winning the MIT $100k prize in 2009 and winning another $100k last year from MassChallenge.

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