Oracle to acquire Front Porch Digital
| 15 September 2014
As its traction in the media markets gains pace, IT giant Oracle has signed an agreement to acquire content storage management solutions provider Front Porch Digital.
More than 550 organisations worldwide — such as the BBC, A&E Television and Discovery Communications — use Front Porch Digital technologies big to ensure the availability and accessibility of digital media content. Together with Oracle, Front Porch Digital says that it will be able to help organisations more effectively and efficiently manage the growing complexities associated with the migration, integration, storage, and delivery of rich media content.
"Organisations need a modern, integrated content storage management solution to manage and monetise their valuable rich media assets," commented John Fowler, executive vice president of Oracle Systems. "We will continue to build on Front Porch Digital's success and unique capabilities, which complement Oracle's existing high performance and scalable engineered storage solutions."
Added Front Porch Digital CEO Mike Knaisch: "Front Porch Digital has developed industry leading solutions that help companies manage large-scale digital content. We are thrilled to be joining Oracle to continue our long-standing partnership. This combination will enable us to better serve and support our customers at a global scale."