Matrix-E.com

Simplifying E-commerce, CRM, CMS Implementation | Matrix-E.com Pte. Ltd.

Home > Main > Open Source > Oracle Buys Finnish Open-Source Developer

Oracle Buys Finnish Open-Source Developer

Oracle scooped up another small technology company on Friday, announcing its acquisition of Finnish open-source database technology developer Innobase. Financial terms of the deal were not disclosed.

Innobase, based in Helsinki, is the creator of InnoDB, an add-on storage engine for MySQL. InnoDB is distributed under the GNU GPL (General Public License) open-source license. The software is bundled with MySQL through a contractual agreement that comes up for renewal next year; Oracle said it expects to negotiate an extension of that contract.

"Oracle intends to continue developing the InnoDB technology and expand our commitment to open source software," Charles Rozwat, Oracle's executive vice president in charge of database and middleware technology, said in a prepared statement. "Oracle has already developed and contributed an open source clustered file system to Linux. We expect to make additional contributions in the future," he added.

Oracle, headquartered in Redwood Shores, California, has arranged around a dozen acquisitions in the past year, most of them significantly smaller than its blockbuster, multibillion-dollar PeopleSoft and Siebel Systems buys. Other recent purchases include supply-chain logistics software maker Global Logistics Technologies, retail optimization software developer ProfitLogic, database performance enhancement technology company TimesTen, and a majority stake in Indian banking software vendor i-flex Solutions.

 

Survey Awards

(0 votes, average 0 out of 5)

Survey Comments

Social Media Tags
  • How To Hire An SEO Specialist Who Can Keep Up With The Changing Pace Of SEO

    Google employs the best specialists in the world to keep its algorithm immune to activities that may affect its search results. On the other side of the equation, SEO specialists have to adjust their websites to fit the current algorithm as much as possible.
  • Amazon SEO: Everything You Need To Know

    Seeing your competitors’ products that you know are inferior quality appearing on page 1 of Amazon search results. It’s as if they offered up a sacrifice to the A9 in return for that prime real estate. Okay, now what? Your Amazon SEO isn’t so ...
  • Search Engine Optimization (SEO) Software Market Qualitative Analysis Reveals explosive growth by 2025

    HTF MI published a new industry research that focuses on Search Engine Optimization (SEO) Software market and delivers in-depth market analysis and future prospects of Global and United States Search Engine Optimization (SEO) Software market. . The study ...
Email:

Subscribe our FREE
Insider's Newsletter. Your
email is 100% secure with us.
Join Us On Facebook Follow Us On Twitter Social Media Tags     RSS Feed



Forgot Password? Username?
Create an account
We have 731 guests and 1 member online
  • wasslipul