Oracle to acquire GoldenGate Software

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Oracle on Thursday announced that it is buying San Francisco-based GoldenGate Software, a provider of real-time integration software, for an undisclosed amount.

The enterprise software giant said GoldenGate's technology will help boost Oracle customers' ability to make decisions based on timely information from multiple sources. "The combination of GoldenGate and Oracle is expected to create a comprehensive heterogeneous data-integration platform," Oracle said in a statement.

GoldenGate and Oracle, which have been partners for more than a decade, will continue to operate independently until the deal closes.

"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," added Hasan Rizvi, senior vice president of Oracle's Fusion Middleware Product Development, also in a statement.

Although the announcement did not include financial details, The Wall Street Journal pointed to a blog post by research company 451 Group, which predicted the acquisition and estimated that GoldenGate took in about $100m (£60m) in revenue over the past year.

Oracle has been on an acquisition spree lately, mostly notably with its plan to buy Sun for $7.4bn, as well as smaller companies such as Virtual Iron.

Reuters reported that Oracle has spent more than $34bn buying about three dozen companies over the past five years.

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