Oracle has agreed to acquire GoldenGate Software, a provider of real-time data integration solutions. 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 need to improve operating performance in a global 24×7 environment has led to the need for data integration to support real-time and high availability capabilities,” says Hasan Rizvi, senior vice president of 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.”
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 synchronisation across heterogeneous systems enabling improved business intelligence, while providing high availability of business critical applications.
“Oracle and GoldenGate share a common vision to bring a comprehensive data integration solution to customers,” says Ali Kutay, GoldenGate Software president and 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.”
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.
