Oracle Cures Need for Speed with TimesTen Buy

Posted in: Technical Track

Oracle has purchased the small database firm TimesTen to take advantage of the company’s ultra-fast transaction technology. TimesTen makes a specialized database that stores data in memory rather than disk, therefore speeding up many types of transactions.

According to Oracle SVP Andrew Mendelsohn, “The TimesTen technologies will be a natural extension of our database and Oracle Fusion Middleware,” and will provide Oracle’s customers with “instantly responsive and continuously available access to critical transaction data.” Pending standard approvals, the deal should officially close by July of this year. read article.

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About the Author

As Pythian’s Chief Executive Officer, Paul leads this center of excellence for expert, outsourced technical services for companies whose systems are directly tied to revenue growth and business success. His passion and foresight for using data and technology to drive business success has helped Pythian become a high-growth global company with over 400 employees and offices in North America, Europe, and Asia. Paul, who started his career as a data scientist, founded Pythian when he was 25 years old. In addition to driving the business, Paul is a vocal proponent of diversity in the workplace, human rights, and economic empowerment. He supports his commitment through Pythian’s hiring and retention practices, his role as board member for the Basic Income Canada Network, and as a supporter of women in technology.

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