HP Acquires Vertica Systems for Undisclosed Sum

  • Feed Type
  • Date
    2/14/2011
  • Company Name
    Vertica Systems
  • Mailing Address
    8 Federal Street First Floor Billerica, MA 01821
  • Company Description
    Co-founded by database research and
    technology pioneer Dr. Michael Stonebraker and startup veteran Andy Palmer, Vertica
    has developed ultra-fast database technology for storing and querying very large
    databases using industry-standard hardware. With its unmatched scalability, flexibility
    and ease of use, Vertica’s solution will bring corporate database architectures into the 21st century.
  • Website
    http://www.vertica.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Financial terms of the transaction were not disclosed.