Boston, MA 09/15/2014 (wallstreetpr) – According to reports, Oracle Corporation (NYSE:ORCL) has decided to acquire Front Porch Digital. FPD is one of the leading content storage management solutions providers of the world and helps a lot of companies around the world in managing, migrating and monetizing large scale media assets.
How Front Porch Digital Can Help ORCL:
Front Porch Digital utilizes some of the most advanced data management technologies available on the planet. These technologies help companies spreading their complex content across several digital media platforms in hassled free manner. It primarily focuses on high definition TV Shows & films; real-time security monitoring feeds and medical images and records. There are more than 550 companies all over the world that rely on Front Porch Digital in order to ensure that their valuable content is available and accessible on various digital media platforms. Some of the major names in its clients’ list include companies like BBC, A&E Television, Discovery Communications, NASCAR and U.S. Library of Congress. As per the information provided by the company, Front Porch Digital uses more than 750 petabytes of digital content.
Oracle Corporation (NYSE:ORCL) has become one of the major names in today’s market in the technology sector. After the collaboration, both ORCL and Front Porch Digital will collectively help various organizations to manage and solve complexities related to migration, storage, integration and delivery of rich media content. Both the companies look forward to exploring various market opportunities available out there. At the same time, the management of Oracle Corporation (NYSE:ORCL) wants to use this opportunity to expand its business in different parts of the world. There are various social media challenges that the firm has to face in today’s time, but if offered high-quality solutions, and then it’s not easy to get rid of those challenges. Both of these firms will try to sort out such social media issues of several enterprises around the world.
