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HP To Buy Vertica For Analytics

Monday, February 14, 2011

Hewlett-Packard announced Monday it plans to buy data warehousing and analytics vendor Vertica for an undisclosed sum. The move comes shortly after HP phased out its Neoview data warehousing platform, which failed to gain much market share since its launch several years ago. Vertica's technology will enable HP to deliver "sophisticated, real-time business analytics for large and complex sets of data in physical, virtual and cloud environments," the company said in a statement.

Article sourced from www.computerworld.com, click here to read full story.

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