Oracle Strikes Again, Buys GoldenGate Software
The Oracle (ORCL) acquisition machine struck again Thursday, as the software giant snapped up GoldenGate Software, a closely held company whose products help businesses tie together data stored in different systems.
Oracle didn’t disclose terms of the deal. But this isn’t one of the mega deals that Oracle has become famous for, the most recent one being the pending $7.4 billion acquisition of Sun Microsystems (JAVA). Still, it doesn’t seem to be a tiny one, either.
GoldenGate booked about $100 million in revenue over the last year, estimates research company 451 Group, which reported that a deal was in the works last month.