The company will announce a deal to acquire ParAccel, a well-funded startup that specializes in analytics database software. Actian CEO Steven Shine told AllThingsD that the combined company will have revenue north of $150 million and 450 employees around the world. It’s Actian’s third significant acquisition since 2011. In January it paid $162 million for Pervasive Software, a publicly held software company. Late last year it paid $37 million for Versant, beating out a bid from another company.
“Actian to Acquire Big Data Startup ParAccel” via AllThingsD
Actian is Ingres…Ingres of all things! It was that little database that seemed lost within the massiveness of CA Technologies and something of an afterthought in the 90’s among RDBMS behemoths like Oracle, Sybase, and Informix. It is now a big time player in the big data space.
Source: allthingsd.com
1 Notes/ Hide
- marksbirch posted this