Redwood City, Calif – (April 12, 2013) – 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 premise 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.