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Related Topics: Cloud Computing, Mergers & Acquisitions on Ulitzer, Web Analytics, Cloud Data Analytics, Big Data on Ulitzer


Actian Buys ParAccel to Be a Big Noise in Big Data

What ParAccel went for hasn’t been disclosed but it was probably a goodly sum

ParAccel, the MPP analytics database outfit whose technology is under Amazon's cloud-based Redshift data warehouse service, has been bought by what used to be Ingres and since 2011 has been Actian.

What ParAccel went for hasn't been disclosed but it was probably a goodly sum.

The company has raised at least $64 million, according to Crunchbase, including a reportedly handsome packet Amazon kicked in. GigaOm is under the impression the number is more like $93 million.

The money boys behind Actian - which may do about $150 million a year with ParAccel on the team - are Garnett & Helfrich, the venture buyout firm.

Twenty years ago when Terry Garnett was young and impressionable and a Larry Ellison lieutenant he wanted to be Larry Ellison - or at least in competition with him. Larry has that effect and Actian is the result.

Since taking Ingres and its relational database off of CA's hands, the restyled Actian has picked up the Versant object database for $37 million, the Vectorwise analytic database, single-server widgetry good at riffling through, say, one to 50 terabytes of data and accelerating Hadoop, and - a couple of weeks ago - the publicly held Big Data analytics shop Pervasive Software for $162 million.

Now it's added ParAccel and its Big Data analytics platform, whose scale-out architecture and petabyte capabilities has attracted Fortune 1000 customers in digital media, retail, financial services, healthcare and government.

Besides Amazon, for instance, ParAccel is used by the Royal Bank of Scotland, OfficeMax and MicroStrategy.

ParAccel was started in 2005 by one of the co-founders of Netezza, now one of its rivals, which was bought for $1.7 billion by IBM.

With ParAccel in hand Actian figures it can lay claim to being a next-generation leader in Big Data management and "a major global player with one of the most powerful infrastructure portfolios to deliver business value from Big Data."

Both ParAccel and Persuasive integrate with Hadoop and promise faster, deeper analysis than MapReduce.

According to Robin Bloor, the highly respected chief analyst and co-founder of The Bloor Group, "Actian is building a modern, highly innovative end-to-end database, integration and analytics solution aimed squarely at solving today's growing data challenges. With the ability to capture, ingest, analyze and take action on data at scale, Actian is now very powerfully positioned in the Big Data and data analytics markets."

Naturally Actian has a DataCloud for cloud and on-premise data integration and is obviously sewing up all the use cases.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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