Oracle has signed an agreement to acquire library and archive management provider Front Porch Digital. The purchase gives Oracle an avenue to target big media companies that are building their libraries and monetising content across multiple channels. Terms of the deal weren’t disclosed. According to Oracle, Front Porch Digitals management team and employees are expected […]
Oracle has signed an agreement to acquire library and archive management provider Front Porch Digital. The purchase gives Oracle an avenue to target big media companies that are building their libraries and monetising content across multiple channels. Terms of the deal weren’t disclosed.
According to Oracle, Front Porch Digitals management team and employees are expected to join Oracle and continue in their current capacity.
For Oracle, the Front Porch Digital purchase fits in with the company’s acquisition strategy. Oracle either fills in product gaps or buys companies that allow it to better cross sell its other wares. Oracle will likely pitch its database, content management tools and analytics packages to Front Porch customers such as A&E Television, BBC, Discovery and Nascar.
Front Porch has more than 550 customers and delivers software via the cloud and on premise.
By combining Oracles disk-based and LTO storage platforms, with FPDs storage management solutions, Oracle now has the capability to sell both the storage hardware and the crucial software management layer that supports it, and do so at scale.
