Oracle today announced that it has signed an agreement to acquire Front Porch Digital, a provider of content storage management solutions that help companies migrate, manage and monetize large-scale media assets.
Front Porch Digital’s big data technologies help enterprises easily handle their rapidly expanding and complex volumes of digital media content, such as high definition films and TV shows, medical images and records, and real-time security monitoring feeds.
More than 550 organizations worldwide rely on Front Porch Digital across multiple industries to ensure the availability and accessibility of their valuable content, including A&E Television, BBC, Discovery Communications, U.S. Library of Congress and NASCAR. In total, Front Porch Digital helps manage over 750 petabytes of digital content.
Together, Oracle and Front Porch Digital will help organizations more effectively and efficiently manage the growing complexities associated with the migration, integration, storage and delivery of rich media content.
Cascadia Capital served as exclusive financial advisor to Front Porch Digital in this transaction.