Press Release:
HP Completes Acquisition of Vertica Systems, Inc.
Customers can analyze massive amounts of big data at speed and scalePALO ALTO, Calif., March 22, 2011
HP today announced it has completed its acquisition of Vertica Systems, Inc., a real-time analytics platform company.
The acquisition, initially announced in February, will provide customers with a powerful solution for managing big data, especially when considering the volume and types of data generated by businesses in today’s information economy. Vertica’s real-time analytics platform has the ability to concurrently load and analyze data, allowing customers to turn information into insight and a competitive advantage at the speed of business
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The close of the deal builds on HP’s strategic focus on cloud and connectivity, and will enhance the company’s capabilities for information optimization by adding sophisticated, real-time business analytics for large and complex sets of data in physical, virtual and cloud environments.
More information about Vertica is available at http://www.vertica.com.
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