EMC Corporation Acquires Greenplum for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb7fb93e-fa13-44c5-89b8-042a547bb58d&Preview=1
Date
7/6/2010
Company Name
Greenplum
Mailing Address
1900 South Norfolk Drive San Mateo, CA 94403
Company Description
Greenplum is pioneering the use of open source databases for enterprise-class Business Intelligence and Data Warehousing. Greenplum’s family of database products, called Bizgres, comprises solutions suited to installations ranging from departmental data marts to multi-terabyte data warehouses.
Website
http://www.greenplum.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
The acquisition of Greenplum will be an all-cash transaction and is expected to be completed in the third quarter of 2010, subject to customary closing conditions and regulatory approvals.