OracleAppsBlog

TimesTen acquired by Oracle

Another acquisition by Oracle!! Here, they’ve announced the purchase of TimesTen, Inc., a leading provider of real-time data management software, to extend Oracle Database and Oracle Fusion Middleware.

An article entitled Oracle adds to database portfolio with TimesTen by Martin LaMonica, has a very good write up. It quotes Andrew Mendelsohn, Senior VP of Oracle Database Server Technologies as saying:

By buying the company, Oracle gains tools for storing data and transactions in a server computer’s memory, rather than on disk. That in-memory data storage and caching capability provides tools coveted by Oracle’s high-end customers with demanding data-processing jobs.

Looks like the poll I ran the other day on Oracle over extending itself is rather timely. Time for another one!!

Posted by Richard Byrom on 06/09 at 04:46 PM

Add Comment Information Here

Please note that comments will only be accepted from valid members of this site who provide feedback that is beneficial to readers of the blog. ALL comments (even those from members) will be subject to moderation.

Name:

Email:

Location:

URL:

Smileys

Remember my personal information

Notify me of follow-up comments?

Submit the word you see below: