In the same year four large data transactions, Teradata Acquisition Newsql company Rainstor

Following Revelytix, Hadapt, and the Great Analytics, Teradata on December 23 announced the acquisition of Rainstor company, the same year, four large data-related business acquisition directed at Teradata to compete for large data areas of determination.

Rainstor is a private company specializing in online data archiving services and a well-known Newsql company. Rainstor, formerly a British firm Clearpace, was (2008) the company's nparchive product could replicate data de-duplication (ratio 20:1) for cold data in Oracle or other RDBMS and file it on a low-cost SATA disk. At the same time, the regular operation of the SQL database is nparchive Independent, so it is not necessary to release the data again.

Rainstor then raised 4 million of dollars in a-round financing from Doughty Hanson and Dow's venture capital, and officially hit Silicon Valley, which was officially renamed Rainstor at the end of 2009 and announced a storm Ventures and Informatica raised a $7.5 million trillion round of financing.

In January 2012, Rainstor released a version of the database running locally in Apache Hadoop, using its compression technology to optimize capacity and provide online access to data stored in the HDFS environment. Shortly after (October 2012), Rainstor announced that it had successfully raised 12 million dollars in the third round of financing led by Credit Suisse and Rogers Venture.

Looking at Rainstor's business, and the 2014 industry's urgent need for online analytics processing, this acquisition is not singular – it can help Teradata users manage online transaction processing (OLTP) data, data warehousing, and applications efficiently. "The new archiving feature will help customers efficiently use Hadoop technology to meet their data archiving needs and reduce the cost of archiving," said Scott Gnau, Teradata Labs president. ”

It is reported that the acquisition involved rainstor assets, intellectual property and most employees, Teradata temporarily disclosed the terms of the acquisition. Meanwhile, most of the Rainstor staff will remain in San Francisco and Gloucestershire, United Kingdom. Rainstor will be integrated into the Teradata Company, providing support for large data analysis operations, while Rainstor customers incorporated into the Teradata product line will enjoy full support services.

Revisers/Wei

Welcome to subscribe to the "CSDN Big Data" micro-signal to obtain more large data biosphere information.

Welcome to @csdn Cloud Computing Micro Blog for the latest cloud computing and large data information.