Extreme transaction processing is an important part of many modern applications and Oracle is now purchasing a company whose products help to decide which areas of a grid need more power. The company has announced that it has entered into a definitive agreement to acquire Tangosol Inc, a provider of in-memory data grid software. Data grid software increases application performance by providing fast, distributed access to frequently used data. Tangosol’s product, Coherence Data Grid, is a fundamental enabler for the rapidly growing space of extreme transaction processing (XTP), typical in, among others, Financial Services, Telecommunications, and Travel and Logistics industries. Coupled with Oracle Fusion Middleware, Oracle TimesTen and Oracle Database, the combination will provide an integrated platform for businesses moving to this new model of transaction processing. Tangosol is widely adopted among tier-one Global 1000 customers and has been successfully deployed in more than 1,500 implementations. Oracle says that Tangosol defined the distributed caching market segment and is recognized as a premier provider for reliable in-memory data grid technology. The transaction is expected to close in April 2007.