Oracle Buys Data Integration Player GoldenGate
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Database and enterprise applications giant Oracle (NASDAQ: ORCL) on Thursday announced that it's buying GoldenGate Software in a move to buttress its offerings with new high-availability and data-integration capabilities.
For Oracle, the deal enables it to offer continuous access to business-critical applications as well as high-performance data integration. GoldenGate's transactional data management platform for real-time data integration -- movement, replication and synchronization -- and high-availability enterprise apps.
The technology, for instance, makes it less complicated to maintain application uptime during migrations and upgrades.
Through the deal, terms of which were not disclosed, Oracle also gains the ability to offer these benefits for customers using competitors' environments, including those using Microsoft SQL Server, IBM DB2, Sybase ASE and Teradata.
"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," Hasan Rizvi, senior vice president of Oracle Fusion Middleware product development, said in a statement. "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 have been working together as partners for more than a decade, executives said.
"Now our joint vision can help companies make better decisions based on more timely, accurate information across multiple systems," said GoldenGate CEO Ali Kutay said in a statement.
Oracle said the purchase is subject to customary closing conditions, and is slated to wrap up later this year.
The deal comes as the latest in Oracle's dozens of acquisitions over the past several years. The company is nearing the finish line on its $7.4 billion purchase of Sun Microsystems (NASDAQ: JAVA), which will give Oracle not only Sun's hardware, but a dominant role in Java, which underlies Oracle's increasingly important Fusion middleware offerings.