Oracle has signed an agreement to acquire Front Porch Digital, a provider of content storage management solutions that help companies migrate, manage and monetise 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 realtime security monitoring feeds.

More than 550 organisations 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, US 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 organisations more effectively and efficiently manage the growing complexities associated with the migration, integration, storage, and delivery of rich media content.

“Organisations need a modern, integrated content storage management solution to manage and monetise their valuable rich media assets,” says John Fowler, executive vice-president of Oracle Systems. “We will continue to build on Front Porch Digital’s success and unique capabilities, which complement Oracle’s existing high performance and scalable engineered storage solutions.”

“Front Porch Digital has developed industry leading solutions that help companies manage large-scale digital content,” says Mike Knaisch, CEO, Front Porch Digital. “We are thrilled to be joining Oracle to continue our long-standing partnership. This combination will enable us to better serve and support our customers at a global scale.”