EMC Corporation Acquires Greenplum for Undisclosed Sum

  • Feed Type
  • Date
    7/6/2010
  • Company Name
    Greenplum
  • Mailing Address
    1900 South Norfolk Drive San Mateo, CA 94403
  • Company Description
    Greenplum is pioneering the use of open source databases for enterprise-class Business Intelligence and Data Warehousing. Greenplum’s family of database products, called Bizgres, comprises solutions suited to installations ranging from departmental data marts to multi-terabyte data warehouses.
  • Website
    http://www.greenplum.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The acquisition of Greenplum will be an all-cash transaction and is expected to be completed in the third quarter of 2010, subject to customary closing conditions and regulatory approvals.

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