Hitachi Data Systems Corporation (HDS) agreed to acquire Pentaho Corporation, a provider of big data integration and business analytics with an open source-based platform. Financial terms were not disclosed but the companies described the deal as the largest private big data acquisition transaction to date. Industry insiders estimate the purchase price in the half-billion dollar range.
The Pentaho platform simplifies preparing and blending any data and includes a spectrum of tools that enable users to easily analyze, visualize, explore, report insights and predict outcomes. Pentaho offers a platform that is open, embeddable and extensible, which allows it to deliver data and analytics as a service to customers and partners. The company’s partner ecosystem includes Amazon Web Services, Cisco, Cloudera, DataStax, Dell, EMC Greenplum, Hortonworks, HP Vertica, MapR, MongoDB and Teradata. Hitachi is an OEM partner. Pentaho is based in Orlando, Florida.
Hitachi said the acquisition advances its goal of providing business solutions that integrate machine data, information technology, and analytics to distill value from big data and the Internet of Things.
"Data remains an untapped resource for many organizations and businesses – with the realization of the value of that data remaining a challenge," said Kevin Eggleston, senior vice president, Social Innovation and Global Industries, Hitachi Data Systems. "The combination of Hitachi's broad industry expertise, advanced information technologies, and now Pentaho software and the talented team of experts, will enable us to give customers a more complete solution to manage their data – allowing them to leverage the power of big data and Internet of Things in a quicker and simpler way."
"We are pleased to join the Hitachi Data Systems family and truly believe our complementary set of solutions will accelerate the adoption of big data deployments and Internet of Things applications," said Quentin Gallivan, chairman and chief executive officer, Pentaho. "The broad resources, expertise and global presence of Hitachi Data Systems, as well as Hitachi, Ltd., help ensure a strong foundation for Pentaho to continue to accelerate our big data analytics and data orchestration capabilities, bring new innovations to market, and expand support for current and future customers."
http://www.pentaho.com/
http://www.hds.com/
