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HP Buys Vertica

HP, which will add its brand & global reach to the effort, expects to leap ahead in the race to analyze massive amounts of data

In its first acquisition of the new Apotheker administration - which is expected to bulk up on enterprise software - HP is buying Vertica Systems, the six-year-old real-time analytic database start-up in Massachusetts begun by serial entrepreneur and database brand name Michael Stonebreaker.

Its stuff analyzes massive amounts of columnar data, produces "just-in-time" business intelligence, supports Hadoop, and runs on commodity hardware in physical, virtual and cloud environments.

HP, which will add its brand and global reach to the effort, expects to leap ahead in the race to analyze massive amounts of data. It will presumably replace the late NeoView in its affections.

Terms were not disclosed but the MPP start-up raised about $23.5 million in venture capital. It has 300 customers including Groupon, Twitter, Verizon, AOL, Mozilla, Bank of America and BlueCross BlueShield.

The acquisition, which should close in Q2, should heighten HP's rivalry with IBM/Netezza, EMC/Greenplum and Oracle/Exadata in what is getting to be a hot spot.

Stonebreaker developed both Ingres and Postgres and was the CTO of Informix.

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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