Oracle Acquires Tangosol

This AM Oracle announced its acquisition of Tangosol, whose Coherence technology provides in-memory infrastructure (or a data grid, as Tangosol calls it) for real-time analytics and high-performance applications that demand Extreme Transaction Processing (XTP) - for real-time monitoring and globally distributed, high-volume financial transaction processing, for example.

As I blog at this moment, Oracle Fusion Middleware SVP Thomas Kurian is explaining Oracle's roadmap for enabling XTP for Fusion Middleware customers in his TSS Symposium keynote in Las Vegas. If TSS makes this keynote available online, I'll be sure to provide a URL.

Update: no such archive appears to be available, but look for Thomas' keynote at JavaOne (which will in large portion involve XTP). Also, see Tangosol CEO Cameron Purdy's comments in this TSS.com thread.

Comments:

Rest in peace, Coherence :-( Your destiny is the same as many others Oracle bought.

Posted by YG on March 28, 2007 at 11:23 PM PDT #

Such as? I think you'll find that Coherence will play a major role in OFM architecture going forward - just as Berkeley DB, PSFT, Siebel, etc. are doing in their respective parts of the stack. So no crocodile tears, now!

Posted by Justin Kestelyn on March 29, 2007 at 12:44 AM PDT #

Thanks for the note :-) @YG - Coherence will definitely remain. Oracle committed to keeping it as a standalone product, and retaining (and continuing to grow) the team. This is just another step in our growth, and we're determined to continue to take great care of our customers, employees -- and of course the produce. Peace.

Posted by Cameron Purdy on April 01, 2007 at 08:10 PM PDT #

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