EMC Corporation Acquires Greenplum for Undisclosed Sum
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb7fb93e-fa13-44c5-89b8-042a547bb58d&Preview=1 -
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
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Proceeds Purposes
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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.
