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Oracle acquired TimesTen to improve database software performance

Source: Internet
Author: User
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The ORACLE tutorial is: Oracle acquires TimesTen to improve database software performance. Oracle announced in June 9 that it had agreed to acquire TimesTen, a private software company whose products can improve the performance of database applications that require rapid response time, such as stock markets and ticket booking.

TimesTen's infrastructure products are often used by Oracle users to provide high-speed buffering for Oracle databases.

Oracle said it would use TimesTen technology for its own database and middleware Products to improve availability and response time for customer applications. TimesTen's products are also used to manage events, transactions, and data for real-time accounting and call center systems.

The acquisition transaction is expected to be completed by the end of July.

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