07 03 2016

Oracle acquires Ravello Systems for $500 million

Shenhav & Co. Represented the Investors in the Acquisition of Ravello Systems by Oracle


Ravello Systems Inc. provides cloud-based virtualization software solutions. The company, led by Rami Tamir, Benny Schnaider, Gilad Pessach, Manisha Arora and Roni Boteach, is based in Palo Alto (CA). Ravello is joining the part of Oracle's cloud business that hopes to take on Amazon, Microsoft, Google, IBM by letting corporate users rent computers, storage and networking. Shenhav & Co. Represented Sequoia Capital, Bessemer Venture Partners, Norwest Venture Partners, SanDisk and Qualcomm. The Shenhav & Co. team on this transaction included advocates Dr. Ayal Shenhav (Picture) and Shmulik Atias. Involved fees earner: Ayal Shenhav - Shenhav & Co.; Shmulik Atias - Shenhav & Co.;

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