Oracle has agreed to acquire AmberPoint, a leader in SOA management. AmberPoint's solutions help organizations diagnose and resolve issues in application performance and business transactions, such as insurance claims processing or account provisioning where multiple applications need to work together.

AmberPoint's SOA management products further extend Oracle Fusion Middleware's SOA capabilities, including Oracle SOA Suite, Oracle SOA Governance and Oracle Enterprise Manager accelerating the resolution of application performance and business transactions issues before the business is impacted.

"AmberPoint and Oracle share a vision of providing customers with comprehensive SOA management capabilities that support modern IT environments and are also complete, open, and integrated," statesThomas Kurian, Oracle executive vice president, Product Development. "We expect the addition of AmberPoint's products to Oracle Fusion Middleware SOA Suite will provide stronger end-to-end governance that allows customers to manage the entire lifecycle of SOA-based solutions, providing visibility and management across heterogeneous environments."

The transaction is expected to close in the first half of this year. Financial details of the transaction were not disclosed. For more information, go to the Oracle website.