Hewlett-Packard Enterprise (HPE) has announced the acquisition of assets from MapR Technologies. MapR Technologies is a company that focuses on big data. The amount of money involved in the takeover is unclear.
According to the new deal, HPE will acquire MapR Technologies’ technology, intellectual property and expertise in artificial intelligence (AI) and data management. How many employees will come along is unknown. Patrick Osborne, vice president of big data and secondary storage at HPE, says to Silicon Angle that a large number of employees have to come along.
MapR Technologies had been in trouble for some time. In May this year, the company announced that it may have been forced to close, due to extremely poor results in the most recent fiscal quarter. On the 3rd of July the company had to find a financier, but that didn’t work out. The acquisition offers a solution.
Intelligent Data Platform
Following the acquisition, MapR Technologies’ technology will be incorporated into HPE’s Intelligent Data Platform. This is a set of technologies for managing the life cycle of data. The distributed file system an MapR Technologies offers the possibility of a data fabric, with which people can manage their analytics on the edge and in the core, according to Osborne. HPE further states that MapR Technologies’ technology is very valuable in helping customers connect data pipelines across multiple on premise and cloud environments, as well as running multiple workloads in the same environment.
Many customers in common
Existing MapR Technologies customers continue to receive support, as well as renewals. Legacy Hadoop customers also continue to receive support. We want to maximize sound retention, says Osborne. According to Osborne, the two companies have been working together for several years and have many customers in common. This was an opportunity to continue the journey with their customers, especially in industries that have been transformed by analytics and AI.This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.