We cannot discuss not yet released products in this forum. Suffice to say that the characteristics and use cases for the Oracle database 12c In-Memory option and TimesTen are very different. There are no plans to 'phase out' TimesTen.
I believe 12cR1 has already been released...see link here --> Oracle Database Software Downloads | Oracle Technology Network | Oracle
Would be to bad if Oracle put TimesTen on the shelf so to speak.
It has, but that is not the version that includes the In-memmory Columnar Storage option. That is not yet available.
As I said, there are no plans to 'phase out' or 'shelve' TimesTen. You can believe me or not as you choose :-)
Ahhhh I see so 12cR1 does not have the in-memory option.
I believe you with respect to TimesTen :-)