Close
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Applications
    • Applications
    • Cloud
    • Database
    • Development

    Oracle to Buy Tangosol for Data Grid Help

    Written by

    Darryl K. Taft
    Published March 23, 2007
    Share
    Facebook
    Twitter
    Linkedin

      eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

      LAS VEGAS— Amid the aggressive churn of the rumor mill, Oracle has announced that it is has entered into an agreement to acquire Tangosol, a provider of in-memory data grid software.

      Thomas Kurian, senior vice president of Redwood Shores, Calif.-based Oracle, is expected to discuss the acquisition during his keynote at TheServerSide Java Symposium here the morning of March 23, where rumors of the acquisition have been in fever pitch throughout the conference.

      Cameron Purdy, president of Somerville, Mass.-based Tangosol, also is a speaker at the event, and is expected to join Kurian onstage to tout the deal. Financial details of the deal were not disclosed.

      Tangosols data grid solution has been effective in financial services, telecommunications, travel and other industries. Data grid software increases application performance by providing fast, distributed access to frequently used data. Tangosols product, Coherence Data Grid, is a fundamental enabler for the rapidly growing space of XTP (extreme transaction processing), which is typical in, among others, the financial services, telecommunications, and travel and logistics industries. Coupled with Oracle Fusion Middleware, Oracle TimesTen and Oracle Database, the combination will provide an integrated platform for businesses moving to this new model of transaction processing, the companies said.

      “Together, Oracle and Tangosol create the industrys most comprehensive middleware for building applications that perform real time data analytics, grid based in-memory computations and high performance transactions,” Kurian said in a statement.

      Added Kurian: “Tangosol adds significant customer value to the Oracle Fusion Middleware infrastructure where rapid customer adoption of Service Oriented Architecture (SOA), Web 2.0 and Event Driven Architecture (EDA) built on Oracle Fusion Middleware is driving the need for high performance, continuously available shared data services to offload and buffer analytic, compute and transaction processing cycles from backend core data processing services.”

      /zimages/5/28571.gifOracle has charged rival SAP with “corporate theft.” Click here to read more.

      Meanwhile, also in a statement, Purdy said, “Modern architectures like SOA, Web 2.0 and EDA are enabling more agile business processes and applications. However, those same architectures are driving the demand for high-performance access to shared data, creating a very heavy burden on backend data processing services. Oracle and Tangosol can together address the need for a comprehensive data virtualization strategy that can both relieve the load on backend infrastructures while maintaining or increasing performance.”

      Tangosol has typically provided data grid technology for Java-based systems, but on March 20 announced its first .Net solution.

      /zimages/5/28571.gifCheck out eWEEK.coms for the latest news, reviews and analysis about productivity and business solutions.

      Darryl K. Taft
      Darryl K. Taft
      Darryl K. Taft covers the development tools and developer-related issues beat from his office in Baltimore. He has more than 10 years of experience in the business and is always looking for the next scoop. Taft is a member of the Association for Computing Machinery (ACM) and was named 'one of the most active middleware reporters in the world' by The Middleware Co. He also has his own card in the 'Who's Who in Enterprise Java' deck.

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      MOST POPULAR ARTICLES

      Artificial Intelligence

      9 Best AI 3D Generators You Need...

      Sam Rinko - June 25, 2024 0
      AI 3D Generators are powerful tools for many different industries. Discover the best AI 3D Generators, and learn which is best for your specific use case.
      Read more
      Cloud

      RingCentral Expands Its Collaboration Platform

      Zeus Kerravala - November 22, 2023 0
      RingCentral adds AI-enabled contact center and hybrid event products to its suite of collaboration services.
      Read more
      Artificial Intelligence

      8 Best AI Data Analytics Software &...

      Aminu Abdullahi - January 18, 2024 0
      Learn the top AI data analytics software to use. Compare AI data analytics solutions & features to make the best choice for your business.
      Read more
      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Video

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2024 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×