| By Oracle News Desk | Article Rating: |
|
| July 23, 2009 10:15 AM EDT | Reads: |
2,065 |
News Facts
- Oracle has agreed to acquire GoldenGate Software, Inc., a leading provider of real-time data integration solutions enabling superior IT performance and enterprise decision making.
- The addition of technology from GoldenGate extends Oracle's capabilities with a heterogeneous real-time data integration solution and adds functionality to maintain uptime of business-critical applications during migrations and upgrades.
- The combination of GoldenGate and Oracle is expected to create a comprehensive heterogeneous data integration platform.
- Customers are expected to benefit from enhanced real-time data movement, replication and synchronization across heterogeneous systems enabling improved business intelligence, while providing high availability of business-critical applications.
- The transaction is subject to customary closing conditions and regulatory approvals and is expected to close later this year.
- Until the deal closes, each company will continue to operate independently.
- Financial details of the transaction were not disclosed.
Supporting Quotes
- "The need to improve operating performance in a global 24x7 environment has led to the need for data integration to support real-time and high availability capabilities," said Hasan Rizvi, senior vice president Oracle Fusion Middleware Product Development. "With the addition of GoldenGate, Oracle expects to help our customers achieve better performance through improved business intelligence and business continuity with real-time information."
- "Oracle and GoldenGate share a common vision to bring a comprehensive data integration solution to customers," said Ali Kutay, GoldenGate Software, Inc. President & CEO. "Our partnership spans more than 10 years and now our joint vision can help companies make better decisions based on more timely, accurate information across multiple systems."
Supporting Resources
This document is for information purposes only and may not be incorporated into a contract.
Published July 23, 2009 Reads 2,065
Copyright © 2009 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By Oracle News Desk
Oracle News Desk trawls the world's news information sources and brings you timely updates on Oracle and its ever-expanding enterprise software portfolio, including its entire range of tools for managing business data, supporting business operations, and facilitating collaboration and application development.
- Oracle Announces Oracle VM Storage Connect Program
- Oracle Enhances Primavera P6 Enterprise Project Portfolio Management
- Oracle Announces Application Integration Architecture Release 2.5
- Attunity Introduces ODR Solutions for Oracle Customers
- Oracle Develops Trimble GeoManager Extension
- Oracle Solutions Expo Online
- Oracle Announces Oracle VM Storage Connect Program
- Oracle Enhances Primavera P6 Enterprise Project Portfolio Management
- Oracle Announces New Financial Services Analytical Applications
- Oracle Announces Application Integration Architecture Release 2.5
- Attunity Introduces ODR Solutions for Oracle Customers
- Ingres Database 9.3 Aims at Competitors with Easy Migration Path
- Oracle Develops Trimble GeoManager Extension
- Indiska Selects Oracle to Create Core Retail Platform
- Oracle Solutions Expo Online
- Will Oracle Buy JBoss?
- Ellison Triumph: Oracle Can Proceed with PeopleSoft Takeover Bid, Court Decides
- ORACLE BEA - Chuang Will Be Dragged Out Kicking and Screaming
- ORACLE BEA - Round-Up of Early Responses
- ORACLE BEA - Oracle Pounces!
- Oracle Exec Ted Farrell Outlines Oracle Open AJAX Strategy
- Ellison On Oracle-PeopleSoft Layoffs: "We're Sorry"
- ORACLE BEA - Forget $17, BEA Tells Oracle and Others It's Worth $21 a Share
- Oracle's PeopleSoft Takeover Bid Can Go Ahead, Judge Rules
- ORACLE BEA - Expert Recommends Friendly Acquisition By HP, Not Stalker Oracle
- ORACLE BEA - BEAS Still in the Midst of a Backdating Mess
- Oracle to Spearhead Eclipse Project to Support EJB 3.0

























