Wercker to Be Acquired by Oracle
On April 17, 2017, Oracle announced that it has signed a definitive agreement to acquire Wercker, a Dutch start-up which helps developers test and deploy code at a rapid pace, for an undisclosed amount. WSGR represented Wercker in the transaction.
According to a company announcement, the acquisition will allow Oracle to integrate Wercker's management and automation features into its hosted Docker offerings on the Oracle Cloud infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) products.
The proposed transaction is subject to customary closing conditions. Oracle and Wercker will continue to operate independently until the transaction closes.
The WSGR team representing Wercker includes:
Marty Korman, Partner
Doug Schnell, Partner
Phil Wong, Associate
Dan Glazer, Partner
Jason Greenberg, Associate
Employee Benefits and Compensation:
Madeline Boshart, Partner
Brandon Gantus, Associate
Privacy and Data Protection:
Matt Staples, Of Counsel
Myra Sutanto Shen, Partner
For additional information, please see Oracle's press announcement.