July 23, 2009 - Oracle will acquire GoldenGate Software, Inc., a provider of real-time data integration solutions that improve IT performance and enterprise decision-making.GoldenGate's solutions enable real-time data integration and management by capturing and delivering updates of critical information as the changes occur and providing continuous synchronized data across heterogeneous environments. 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.Oracle cited three items of strategic importance in this purchase: the mission criticality of real-time data integration for enterprises; GoldenGate’s best-in-class leadership in real-time data integration, and GoldenGate’s complementary products that will accelerate Oracle’s product strategy. "Oracle and GoldenGate share a common vision to bring a comprehensive data integration solution to customers," said Ali Kutay, GoldenGate Software, Inc. president and CEO in a statement. "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."“Organically, this Oracle acquisition of GoldenGate makes more sense than their [acquisition] of Sun,” Forrester Analyst Jim Kobielus tweeted. “Real-time middleware is key to agile analytics.” As a result, customers are expected to gain improved business intelligence across the enterprise, with more accurate and timely analysis of real-time business performance.
The deal is expected to close in the second half of 2009, and until then each company will continue to operate independently. Financial details of the transaction were not disclosed.
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