"It’s Actian’s third significant acquisition since 2011. In January it paid $162 million for Pervasive Software, a publicly held software company. Late last year it paid $37 million for Versant, beating out a bid from another company.Actian to Acquire Big Data Startup ParAccel - Arik Hesseldahl - News - AllThingsD
Financial terms were not disclosed since both companies are private. But the deal marks an exit for ParAccel’s investors, including Amazon, MDV, Bay Partners, Walden International, Tao Venture Partners and Menlo Ventures, who had put in a combined $64 million since its founding in 2007. The most recent capital injection was a $20 million venture round led by Amazon that was announced a year ago."
Thursday, April 25, 2013
Actian to Acquire Big Data Startup ParAccel - Arik Hesseldahl - News - AllThingsD
Actian exemplifies database product market consolidation; it began as Ingres Corp. (when spun out of CA Technologies in 2005), rebranded in 2011, and started shopping