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.
[...] week a company called WANdisco acquired AltoStor for $5 million, a startup co-founded by two of the original creators of Hadoop. It’s unclear whether this was [...]
[...] WANdisco announced that it’s buying AltoStor for $5 million. WANdisco makes proprietary clustering software for Fortune 500 companies, but it developed an [...]
[...] point of view, this partnership represents one of the first major developments since the acquisition of AltoStor in November 2012. The $5 million deal was a talent buy meant to bridge the gap between WANdisco’s [...]
[...] point of view, this partnership represents one of the first major developments since the acquisition of AltoStor in November 2012. The $5 million deal was a talent buy meant to bridge the gap between WANdisco’s [...]
[...] means that we can expect a lot of cloud analytics development in the coming year, and deems the WANdisco’s acquisition of AltoStor a notable milestone for the Hadoop community as a [...]
[...] means that we can expect a lot of cloud analytics development in the coming year, and deems the WANdisco’s acquisition of AltoStor a notable milestone for the Hadoop community as a [...]
[...] WANdisco’s entry into the Hadoop distribution market started with the acquisition of AltoStor, and using the newly acquired unique skills in the field of Big Data and specifically Apache Hadoop, it launched the first fully tested, production-ready version powered by Apache Hadoop 2. While other companies have since released new distributions in the market, such as Intel, EMC Greenplum with their fourth such product, or Amazon Redshift, WANdisco still holds strong competitive advantages. As Richards pointed out, while it is not exclusive and supports other platforms, such as Cloudera, the company encourages its customers to use their own distribution, as they can guarantee non-stop service without ny downtime or data loss. [...]
[...] WANdisco’s entry into the Hadoop distribution market started with the acquisition of AltoStor, and using the newly acquired unique skills in the field of Big Data and specifically Apache Hadoop, it launched the first fully tested, production-ready version powered by Apache Hadoop 2. While other companies have since released new distributions in the market, such as Intel, EMC Greenplum with their fourth such product, or Amazon Redshift, WANdisco still holds strong competitive advantages. As Richards pointed out, while it is not exclusive and supports other platforms, such as Cloudera, the company encourages its customers to use their own distribution, as they can guarantee non-stop service without ny downtime or data loss. [...]
[...] software since 2005. The company only emerged from its home turf in January this year, when it shelled out over $5 million for a Big Data startup called AltoStor. The company launched WDD less than two weeks after the deal [...]
[...] provider of active-active replication solutions that dived into the Big Data last November when it acquired AltoStar for just over $5 million. This week, the company announced that it’s just landed its first Big Data deal with a UK [...]