As the big data database market continues to consolidate, one of the last independent analytic database companies ParAccel has been acquired by database vendor Actian. ParAccel, an analytic database company is an integral part of the Amazon Web Services Redshift data warehouse service. It also has a large customer base that includes MicroStrategy, one of the leaders in business intelligence.
Actian continues to add to its extensive database assets, which include the Ingres relational database, Vectorwise analytic database and the Versant object database. The significant benefit of this acquisition is that it allows Actian to address the needs of customers with databases exceeding 10 terabytes, which is considered the upper range for Vectorwise. It also allows it to compete with the larger players in the analytics market, including Teradata, Oracle, IBM and HP.
The acquisition, in my opinion, is very strategic for Actian and should place the company in the upper echelon of big data database players and provide an independent alternative to many of the larger companies in the market. The challenge for Actian will be how it differentiates and integrates all of its database offerings going forward. Only time will tell!
Posted April 25, 2013 11:00 AM
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