Business
OhmData Acquisition
OhmData Acquisition.
About this update from Cirata Plc
[{"type":"text","content":"\n \nRNS Number : 8344K WANdisco Plc 30 June 2014 \n \n\n \n \n \nWANdisco plc\n \n(\"WANdisco\" or the \"Company\")\n \n30 June 2014 \nWANdisco acquires OhmData\n \nLeading edge HBase skills advance WANdisco's Big Data strategy\n \nLondon, UK - WANdisco plc (LSE: WAND), the leading provider of continuous availability software for global enterprises to meet the challenges of Big Data, has acquired San Francisco based OhmData Inc. (\"OhmData\") for an enterprise value of approximately $2.1m, to be satisfied by the issuance of 274,477 new shares in WANdisco (equivalent to 1.1% of current shares in issue).\n \nOhmData develops database solutions based on the Apache HBase (\"HBase\") database. HBase is a core component of the Hadoop stack for processing large-scale data sets in real-time, and is used in mission-critical operations such as Facebook and Bloomberg messaging. OhmData has filed a patent covering requirements such as efficient database power utilisation. WANdisco has recently applied its continuous availability technology to HBase, and the OhmData team will make a major contribution to further developing the WANdisco Non-Stop HBase product.\n \nOhmData, which has 3 employees, was co-founded by Alex Newman and Ryan Rawson, who will now join WANdisco. Alex Newman is a committer of open source code to the Hadoop ecosystem, whose code has been used in production for over 10 years. He has worked in big data, network protocol design, software security and application development, including working on HBase for Cloudera. Ryan Rawson is a Core Committer of HBase open source code and a member of the HBase Project Management Committee. Before co-founding OhmData, Ryan was a software engineer at Google, where he worked on Google's 'Big Table' forerunner to HBase, and Amazon, where he developed synchronous cross-data centre distributed business logic. He specializes in large systems, (hundreds of nodes or servers), extensive code bases and multiple language environments. \n \nOhmData's unique expertise in design and development of databases is an important element of WANdisco's product development strategy. Working alongside WANdisco's existing Big Data and distributed computing experts such as Dr. Yeturu Aahlad, Dr. Konstantin Shvachko, Dr. Konstantin Boudnik and Jagane S...