News

Deal Announcements

Oracle Announces Acquisition of Tangosol

Monday, March 26, 2007 6:00:00 AM PDT | VentureDeal Staff

REDWOOD SHORES, CA -- Database software maker Oracle announced an agreement to acquire Tangosol.  Financial terms were not disclosed.

Tangosol develops and sells in-memory data grid software.  Data grid software increases application performance by by better managaing a company's IT infrastructure. 

The company's flagship product, Coherence Data Grid, is an enabler of the rapidly-growing space of extreme transaction processing, which is prevalent in the financial services, telecom and travel industries.  Tangosol will be integrated into Oracle's middleware infrastructure products.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.