HP Acquires Data Management Company Vertica

Posted Feb 15, 2011

Hewlett-Packard Company (NYSE:HPQ) has signed a deal to acquire real-time analytics company Vertica. Vertica will enhance HP’s information optimization capabilities. HP expects the acquisition to close in the second quarter of 2011. Going forward, Vertica’s products will be available through HP sales and service channels. [CTOEdge]