Oracle is buying Pillar Data System, a company owned by Oracle CEO Larry Ellion.
Pillar was founded in 2001 by Mike Workman, its CEO, and funded by Ellison’s own investment vehicle, Tako Ventures. It has devised, built and is selling its Axiom storage arrays, ones using a 3-box design, with storage Bricks, up to 8 controlling Slammers and a managing Pilot.
Based in San Jose, the company now serves nearly 600 customers across 24 countries.
Oracle said the acquisition will help it offer a complete line of data storage products that help run its software faster and more efficiently.
Oracle didn’t provide a value for the acquisition, which it said was negotiated by its independent directors. The business-software giant declined to comment beyond a press release and documents filed with regulators.