UPDATED 16:24 EST / NOVEMBER 19 2012

Another Win for Apache Hadoop: WANdisco Buys AltoStor for $5M

Another win for Apache Hadoop. WANdisco acquired AltoStor, a Silicon Valley-based big data startup, for $3.6 million in cash and another $1.5 million in cash that will exchange hands once the deal goes through. The full release can be found here.

WANdisco is publicly traded provider of clustering software that lists Disney, Wells Fargo, Lockheed and dozens of other high profile corporate names as clients. It’s also the biggest contributor to the Apache Subversion project, an open-source revision control system that helps developers maintain source code more effectively.

The acquisition of AltoStor gives the company a solid foothold in the big data market, as well as the talent it needs to pull it off.  Co-founder Konstantin Shvachko is assuming the role of CTO in the firm’s analytics business, while colleague Jagane Sundar will serve as the same team’s chief architect. Both Shvacko and Sundar are listed among the “core creators” of Hadoop and have held senior positions in Yahoo and eBay.

“The AltoStor acquisition will enable WANdisco to launch products quickly into the highly-lucrative Big Data market,” said WANdisco Chairman and CEO David Richards. “Combining our patented technology with AltoStor’s Big Data platform will provide us with a significant competitive advantage and provide organizations with a more reliable approach for managing big data. The support AltoStor’s founders have for the WANdisco story is an important part of this deal.”

A lot of vendors are warming up to big data, and some are even willing to invest millions in the technology to gain an edge over the competition. WANdisco earned itself a spot on this list, right alongside Appcelerator.

The mobile development firm bought out Nodeable earlier this month, a startup that developed a pre-processing solution that structures data before it enters Hadoop. The company open-sourced Nodeable’s solution right after announcement.


A message from John Furrier, co-founder of SiliconANGLE:

Your vote of support is important to us and it helps us keep the content FREE.

One click below supports our mission to provide free, deep, and relevant content.  

Join our community on YouTube

Join the community that includes more than 15,000 #CubeAlumni experts, including Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger, and many more luminaries and experts.

“TheCUBE is an important partner to the industry. You guys really are a part of our events and we really appreciate you coming and I know people appreciate the content you create as well” – Andy Jassy

THANK YOU