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Oracle Buys GoldenGate Software

Thursday, July 23, 2009

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.

Article sourced from www.oracle.com, click here to read full story.

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