Redwood City tech giant Oracle plans to buy Front Porch Digital of Lafayette, Colorado, which helps other companies store and manage digital media, such as high-definition films and TV shows, medical images and data from security monitors.
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, Oracle said in a press release Sunday.
The company said it has signed an agreement to buy Front Porch Digital but didn t disclose financial terms of the transaction.
Photo by Patrick Tehan, Mercury News
