Oracle Corp said late on Tuesday it has decided to discontinue all software development on the Intel Itanium microprocessor after multiple conversations with Intel senior management.

Oracle said Intel management made it clear that their strategic focus is on their x86 microprocessor and that Itanium was nearing the end of its life.

Both Microsoft and Red Hat Inc have already stopped developing software for Itanium, Oracle said.

The company, however, said it will continue to provide customers with support for existing versions of Oracle software products that already run on Itanium.

(Reporting by Sakthi Prasad; Editing by Muralikumar Anantharaman)