Monday, February 14, 2011

HP Acquires Data Management And Real-Time Analytics Company Vertica

HP has just announced that it has acquired data management company Vertica. Terms of the deal, which is expected to close in the second quarter of 2011, were not disclosed. Vertica, which has raised $30.5 million in funding, develops data management solutions for storing and querying databases. Its products include The Vertica Analytic Database, which helps in analyzing data; Vertica for the Cloud, a cloud-based analytic database that helps in data management; and Vertica Analytic Database appliance, a hardware/software data management platform

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