Oracle intends to acquire software manufacturer Goldengate

Source: Internet
Author: User

"Sina Science and Technology," Beijing time July 24 morning news, according to foreign media reports, Oracle said in Thursday, the company plans to acquire trading data management solutions leading manufacturers Goldengate Software (hereinafter referred to as "Goldengate"), But it did not disclose the specific financial terms of the deal.

Over the past five years, Oracle has spent $ more than 34 billion on acquisitions of more than 30 companies, most of which are unlisted companies like Goldengate. Oracle has not released the financial terms of most small deals, which have been used for a similar transaction in the last fiscal year up to $1.2 billion trillion.

Oracle is now ready to complete a 7.4 billion-dollar takeover of Sun trading, which is awaiting approval by US and European regulators.

Headquartered in San Francisco, Goldengate's products include software designed to help companies analyze large amounts of information in their databases, as well as procedures to help banks monitor fraudulent activities. The company has more than 500 customers, including Bank of America, Comcast, the gambling giant MGM Group (MGM Mirage) and Visa company.

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