Network Computing is part of the Informa Tech Division of Informa PLC
Oracle Acquires Tangosol To Speed Performance
Oracle sealed a deal this week to buy Tangosol, a maker of in-memory data-grid software that accelerates application performance by speeding up access to popular data.
With the Tangosol purchase, Oracle acquires technology that facilitates extreme transaction process (XTP), which is used in industries from logistics to telecommunications to financial services. Tangosol's XTP product, Coherence Data Grid, simplifies the exchange of information in clustered environment by keeping all nodes in the grid current with respect to any modifications.
Oracle said it will use Tangosol technology to produce middleware developers need to create applications that can perform real-time data analytics, grid-based in-memory computations and high-performance transactions. The platform that results from the acquisition can be used to support development for things like SOA environments that can relieve the load on back-end infrastructures while sustaining or even improving performance, a Tangosol spokesperson said.
The acquisition should be finalized in April. Financial terms of the deal were not made public.
Recommended For You
What skills do network managers really need to properly secure industrial networks? What new protocols, frameworks, and regulations are important? And what conferences and certifications can help? Here are five tips to get started.
A full-stack approach to retail edge offers retailers a way to optimize operations and adapt to changes in a post-pandemic world.
Network management tool sprawl is getting in the way of network management. It’s time for IT to do something about it.