HP To Acquire Analytics Specialist Vertica

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By Ramy Ghaly

The buyout will help HP counter IBM’s recent acquisition of Netezza as analytics sector heats up.


Hewlett-Packard said Monday it agreed to acquire Vertica, a privately-held developer of software that lets businesses analyze and interpret information stored in enterprise databases. The move should help HP keep pace with rival IBM, which recently bolstered its analytics portfolio with the buyout of Netezza.

HP officials said the deal will help enterprise customers cope with vastly increasing amounts of information coming into their organizations—through the Web, mobile phones, smart devices, and other sources.

IBM enhanced its analytics portfolio late last year with the $1.7 billion acquisition of Netezza, which bundles analytics software with specialized hardware.

HP said it expects the deal to close in the second quarter.

Read More “Information Week” Via ctrl-News

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About Ramy Ghaly
Ramy Ghaly is a Marketing Technologist at Pragmatech. He's in charge of Pragmatech's online marketing strategy and implementation. Ramy has launched several successful online and social media marketing campaigns including a 6-month community and awareness building campaign that led to a listing in the reputable multi-client study of the Gilbane Group. Pragmatech's flagship product 'ctrl', a semantic search engine, was the only technology coming out of the Middle East that was recognized in the report, entitled "Semantic Technologies: Landscape of High Value Applications for the Enterprise", cited in additon to Pragmatech's semantic engine some of the largest software companies and leading research labs in the world.

One Response to HP To Acquire Analytics Specialist Vertica

  1. Pingback: IBM and Revolution team to create new in-database R « DECISION STATS

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