Don’t miss the latest developments in business and finance.

FoundationDB acquired by Apple for an undisclosed sum of money

Image
ANI Washington
Last Updated : Mar 25 2015 | 5:13 PM IST

American company Apple has acquired the durable database company, FoundationDB, for an undisclosed sum of money.

FoundationDB become popular when it handled ACID-compliant transactions and coupled that with strong scalability at very good speed.

The San Francisco-based techcrunch.com website said Apple buys smaller technology companies from time to time and they generally do not discuss their purpose or plans.

This acquisition may have been designed to bolster Apple's server-side technologies for the App Store, iTunes Connect or iTunes in the Cloud and with millions of apps now in the store and billions being served to users.

Also, the reliability and speed of Apple's cloud services are more critical now than ever as that it has shipped 700 million iPhones alone along with millions more iPads and Macs all of which use iCloud.

More From This Section

First Published: Mar 25 2015 | 5:05 PM IST

Next Story