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Oracle, TimesTen, Tibco – it's still no clearer
Monday, June 27, 2005 by admin
When Oracle announced its plans to acquire TimesTen, I commented that “Oracle is going to have to tread a careful line” when it comes to the relationship between TimesTen and Tibco. Less than a week before Oracle completed the acquisition that line became a little harder to traverse – on June 14 Tibco and TimesTen announced an extension of their relationship with the former planning to embed the latter’s database engine, TimesTen/DataServer, into the next release of its Business Factor product for business activity monitoring. The day after the acquisition closed, Oracle held a town hall meeting to “discuss how the combination will impact the future direction of real-time data management”. I have listened to the replay and beyond stating that it intends to honour existing contracts, Oracle chose not discuss the future for the Tibco relationship. With Tibco a competitor to Oracle’s Fusion middleware, particularly in the key target market of financial services, I am sure a few customers left the town hall a little concerned.
Posted in General