Oracle (NASDAQ: ORCL), one of the top companies producing business software, is beefing up its Ddata Integration capabilities in its acquisition of GoldenGate Software Inc.
GoldenGate Software is a privately held company provider of real-time data integration solutions. It has many customers including high-profiles businesses such as Bank of America Corp (BAC.N), Comcast Corp (CMCSA.O) to name a few.
The additions of GoldenGate real-time data integration to Oracle create a comprehensive heterogeneous data integration platform extending Oracle's capabilities functionality to maintain uptime of business-critical applications during migrations and upgrades.
“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,” said Hasan Rizvi, senior vice president Oracle Fusion Middleware Product Development.
The deal is expected to close later this year; both companies did not disclose financial terms of the transaction.