TradingKey – On September 29 ET, Oracle (ORCL) shares rose 5%, reclaiming the $140 mark. Oracle and intelligent data infrastructure provider NetApp announced plans to launch the OCI NetApp Storage service, natively bringing NetApp ONTAP’s data management capabilities to Oracle Cloud Infrastructure (OCI). This fully managed service is expected to become generally available within the next 12 months.

The new service targets scenarios such as databases, enterprise applications, virtualized environments, electronic design automation, high-performance computing, highly regulated businesses, and AI data pipelines. Enterprises can manage storage resources via the OCI console, software development kits, ONTAP interfaces, and existing operational…