EMC to acquire Greenplum
EMC said Tuesday that it will acquire private data-warehousing company Greenplum in an all-cash transaction, though the terms of the deal were not released. It said that Greenplum will "form the foundation of a new data-computing product division within EMC's Information Infrastructure business."
It's no secret that digital data is on the rise, both on business and consumer levels. EMC called Greenplum a visionary leader that utilizes a built-from-the-ground architecture for analytical processing. In a statement, Pat Gelsinger, president and chief operating officer of EMC's Information Infrastructure Products, said:
The data-warehousing world is about to … Read more