Hitachi Data Systems has announced that it is to acquire Pentaho, a big data integration and business analytics company which has an open-source based platform.
The acquisition will signal the largest private big data acquisition to date and is expected to be completed by June 2015. The move comes as part of Hitachi’s strategy to deliver business innovations which integrate machine data, information technology, and analytics to distill value from big data and IoT.
It is hoped that Pentaho software and expertise will help to advance the current HDS portfolio of products and services and speed up the deployment of HDS solutions to the market.
Kevin Eggleston, senior vice president, Social Innovation and Global Industries, Hitachi Data Systems, said: "Data remains an untapped resource for many organisations and businesses – with the realisation of the value of that data remaining a challenge."
"The combination of Hitachi’s broad industry expertise, advanced information technologies, and now Pentaho software and the talented team of experts, will enable us to give customers a more complete solution to manage their data – allowing them to leverage the power of big data and Internet of Things in a quicker and simpler way."
The end result is hoped to be comprehensive solutions which can address specific challenges through a shared analytics platform. The Hitachi shared analytics platform will become the reference architecture and will help to bring together different technologies from Hitachi, both partners and the open source community.
Quentin Gallivan, chairman and chief executive officer, Pentaho, said: "We are pleased to join the Hitachi Data Systems family and truly believe our complementary set of solutions will accelerate the adoption of big data deployments and Internet of Things applications."
"The broad resources, expertise and global presence of Hitachi Data Systems, as well as Hitachi, Ltd., help ensure a strong foundation for Pentaho to continue to accelerate our big data analytics and data orchestration capabilities, bring new innovations to market, and expand support for current and future customers."