Acquisition Adds Amazon, The Royal Bank of Scotland, OfficeMax and MicroStrategy to Rapidly Expanding Global Big Data Customer Portfolio
Redwood City, Calif. – April 25, 2013 – Actian Corp. (“Actian”), a next-generation leader in big data management, today announced the immediate acquisition of ParAccel, a leader in high-performance analytics. The acquisition further strengthens Actian’s unique position as a major global player with one of the most powerful infrastructure portfolios to deliver business value from big data.
“Today’s software will fail to cope with complexities of big data,” said Steve Shine [pictured, left], CEO of Actian. “The Actian software portfolio, which is specifically designed to fully exploit modern hardware architectures, arms organizations with an unmatched single platform to connect to any data, analyze it at scale for relevance and take action to turn big data into business value.”
“ParAccel is being used by many of the world’s leading companies including Amazon, The Royal Bank of Scotland, OfficeMax and MicroStrategy to set them apart from their competition through analytics,” said Chuck Berger [pictured, right], CEO of ParAccel. “With Actian, they have immediate access to a broader portfolio of solutions to turn their data into value.” More...