Actian Corporation and Pervasive Software Unite to Take Action on Big Data
12 April 2013 - 2:27AM
Business Wire
Actian Corp. (“Actian”), a leader in next-generation big data
management, today announced that it has completed the transaction
to buy Pervasive Software Inc. (NASDAQ: PVSW), a global leader in
cloud-based and on-premises data innovation. The combined
organization delivers an unprecedented portfolio of innovative,
highly scalable, elastic and performant products that drive
positive business outcomes in the Age of Data.
“Every moment, people, businesses and machines generate
explosive volumes and varieties of data leveraging their existing
networks and, more increasingly, the cloud. Companies that embrace
this data as their most strategic asset will thrive, while those
that don’t lose their competitive advantage,” said Steve Shine,
chief executive officer of Actian. “Big data can and will impact
every industry as organisations struggle to take action on their
data due to legacy technology too rigid or expensive to scale.
Actian’s innovations make it easy for organisations large and small
to connect, analyse and act on their fast-changing and fast-growing
diverse data assets throughout the entire data lifecycle.”
“This is a powerful merger as the technologies of the two
companies are industry leading and clearly very complementary,”
said Robin Bloor, chief analyst and co-founder, The Bloor Group.
“This is particularly the case in the area of highly parallelized
and scale-up, scale-out data integration and database. In my view,
the combination of these technologies will provide Actian with a
performance capability for BI and Data Analytics which no other
company can currently equal.”
“We have irrevocably passed from the Age of Software to the Age
of Data, in which organizations need to adopt contemporary
architectures to master data ubiquity, on premises and in the
cloud,” said Mike Hoskins, chief technology officer of Actian.
“Every organization wants to make faster, more accurate and better
decisions. In a world of staggeringly huge and constant data flows,
innovators can drive better decision making than has ever been
possible – based not only on the past and present, but on
predictions of future events.”
Actian is a leader in helping companies analyze big data in
industries ranging from retail, ecommerce, enterprise, healthcare,
manufacturing, finance and social media. Visit
Actian.com/Connect-Analyze-Act to learn more about the company’s
end-to-end capabilities and robust product families.
About Actian: Take Action on Big Data
Actian Corporation enables organizations to transform big data
into business value with data management solutions to Connect,
Analyze, and take automated Action across their business
operations. Actian’s innovative portfolio of solutions for big data
include cloud integration for frictionless connection to any data;
analytical solutions specifically engineered to handle the extreme
speed and scale of data intensive computing; Action Apps for
automated action on business events as they happen and managed B2B
exchanges that automate business processes in select industries.
Headquartered in Redwood City, Actian helps clients worldwide
manage and understand their business operations through offices in
Austin, New York, London, Paris, Frankfurt, Hamburg, Amsterdam and
Melbourne. Stay connected with Actian Corporation on Facebook,
Twitter and LinkedIn.
About Pervasive Software
Pervasive is a global data innovation leader, delivering
software to manage, integrate and analyze data, in the cloud or on
premises, throughout the entire data lifecycle. Pervasive products
deliver value to customers worldwide, often embedded within
partners’ software, with breakthrough performance, flexibility,
reliability and return on investment. For additional information,
go to www.pervasive.com.
Actian, Action Apps, Ingres and Vectorwise are trademarks of
Actian Corporation. All other trademarks, trade names, service
marks, and logos referenced herein belong to their respective
companies.
Forward-looking Statements Certain statements contained
in this press release about our expectation of future events or
results constitute forward-looking statements for purposes of the
safe harbor provisions of The Private Securities Litigation Reform
Act of 1995. You can identify forward-looking statements by
terminology such as, “may,” “should,” “expects,” “plans,”
“anticipates,” “believes,” “estimates,” “predicts,” “potential,”
“continue,” or the negative of these terms or other comparable
terminology. These statements are not historical facts, but instead
represent only our beliefs regarding future events, many of which,
by their nature, are inherently uncertain and outside of our
control. It is possible that our actual results and financial
condition may differ, possibly materially, from our anticipated
results and financial condition indicated in these forward-looking
statements. In addition, certain factors could affect the outcome
of the matters described in this press release.
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