EMC Acquires Data Warehousing And Analytics Company Greenplum
Enterprise software giant EMC has acquired data warehousing company Greenplum Software. Financial terms of the deal were not disclosed but the acquisition is an all-cash transaction.
Greenplum, which has raised $61 million in funding, develops database software for business intelligence and data warehousing applications. Greenplum has a number of high profile investors, including Sun Microsystems and SAP Ventures. The company’s client base includes Skype, Equifax, T-Mobile and Fox Interactive Media Greenplum will become the foundation for a new data computing product division within EMC’s Information Infrastructure business.
Since 2009, EMC has acquired Archer Technologies, SourceLabs, FastScale Technology, Data Domain, Configuresoft and Varonis Systems.
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congrats to Scott and the team. I hope it worked out well for you guys.
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