Oracle continues spending spree with Virtual Iron buy.

(From vnunet)

Oracle has added to its virtualisation product line-up with the acquisition of Virtual Iron, which specialises in virtual systems management tools for use in datacentres.

Rumours of a possible deal between the two firms first surfaced in March. Announcing the merger today, Oracle said that, when combined with its own server virtualisation product, Virtual Iron's systems will provide users with dynamic resource and capacity management, offering improved visibility and better control of facilities and enterprise software.

"Industry trends are driving demand for virtualisation as a way to reduce operating expenses, and support green IT …