Oracle has a crack internal team building a completely new cloud – here’s what we know so far

Oracle is taking some drastic, far-reaching steps to fix its troubled cloud business and turn it into a major player. Right now, Oracle has a public cloud, based at least in part on the technology it got in the acquisition of startup Nimbula.

But Business Insider has learned that Oracle has assembled a crack team of cloud experts, assembled from engineers formerly of Nimbula, shuttered startup Nebula, and Amazon Web Services, building a new public cloud to offer right alongside the old one.

Author: Matt Weinberger

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