22 October 2017
visit www.atos.net

Oracle to buy GoldenGate

24 July 2009  |  4438 views  |  0 20 pound note

Oracle has agreed a deal to buy GoldenGate, a provider of real-time data integration software that counts Bank of America and VocaLink among its customers. Financial terms were not disclosed.

San Francisco-based, privately held GoldenGate has over 400 clients, many of them in financial services, for its technology, which pulls data from various sources in real time for analysis.

Bank of America uses the vendor's software to help keep its ATM network running and detect fraud activity.

Oracle says the combination of its technology with GoldenGate's "is expected to create a comprehensive heterogeneous data integration platform". This means customers will benefit from improved business intelligence and high availability of critical applications.

Hasan Rizvi, SVP, Oracle Fusion middleware product development, says: "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 transaction is expected to close later this year, subject to conditions and regulatory approval.

Oracle has already splashed out $7.4 billion on Sun Microsystems this year, although the deal is still subject to antitrust approval.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Big likely to get bigger in consolidating core banking market

Big likely to get bigger in consolidating core banking market

27 May 2009  |  12101 views  |  1 comments
Oracle to buy Sun Microsystems for $7.4bn

Oracle to buy Sun Microsystems for $7.4bn

20 April 2009  |  5879 views  |  1 comments
Oracle buys insurance software firm AdminServer

Oracle buys insurance software firm AdminServer

15 May 2008  |  3750 views  |  0 comments
Oracle to buy BEA for $8.5bn

Oracle to buy BEA for $8.5bn

16 January 2008  |  4458 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.fivedegrees.nlvisit www.atos.net

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
10734 views comments | 22 tweets | 26 linkedin
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
10440 views comments | 17 tweets | 24 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9130 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8187 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
8038 views comments | 10 tweets | 22 linkedin

Featured job

Find your next job