{"id":2730,"date":"2018-04-13T09:07:06","date_gmt":"2018-04-13T13:07:06","guid":{"rendered":"https:\/\/solutionsreview.com\/data-integration\/?p=2730"},"modified":"2018-04-13T09:10:00","modified_gmt":"2018-04-13T13:10:00","slug":"actian-corporation-enters-into-merger-with-hcl-technologies-in-deal-worth-330-million","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/data-integration\/actian-corporation-enters-into-merger-with-hcl-technologies-in-deal-worth-330-million\/","title":{"rendered":"Actian Corporation Enters Into Merger With HCL Technologies in Deal Worth $330 Million"},"content":{"rendered":"

\"Actian<\/p>\n

Palo Alto-based data integration provider Actian announced yesterday<\/a> that it has been acquired by a conglomerate made up of HCL Technologies<\/a> and Sumeru Equity Partners<\/a>. The parties have entered into a definitive agreement on the merger, which is reported to be worth $330 million. A global IT services company, HCL Technologies will absorb an 80 percent share when the deal is complete.<\/p>\n

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\"Download<\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/p>\n

Actian will continue to operate as an separate entity within the HCL Technologies ecosystem. HCL’s chief executive C Vijayakumar said about the acquisition: “Actian will play a critical role in enhancing HCL’s Mode 3 offerings in data management products and platforms. Actian’s products when combined with HCL’s Mode 2 solution offerings like Cloud Native, Digital and Analytics, and DRYICE, will be a powerful proposition to harness the power of hybrid data.”<\/p>\n

Actian is a major player in the overarching big data marketplace, with mentions in many of the analyst reports, including Gartner’s Magic Quadrant where it was recently named a top provider<\/a> in data management solutions for analytics. The company is known for its columnar and operational database solutions, Actian Vector and Actian X. Actian’s flagship data integration tool is Actian DataConnect.<\/p>\n

In a press statement, Actian’s president and CEO Rohit De Souza added: “The combined force of HCL\u2019s next-generation products, platforms, and services; SEP\u2019s experience in scaling enterprise software businesses; and Actian\u2019s tradition of innovation in data management, data analytics, and integration technologies will enable customers to tap into the disruptive potential of their data and deliver tangible business results.”<\/p>\n

Read the company’s press release<\/a> or click through<\/a> for more.<\/p>\n

<\/div><\/p>\n
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Palo Alto-based data integration provider Actian announced yesterday that it has been acquired by a conglomerate made up of HCL Technologies and Sumeru Equity Partners. The parties have entered into a definitive agreement on the merger, which is reported to be worth $330 million. A global IT services company, HCL Technologies will absorb an 80 […]<\/p>\n","protected":false},"author":23,"featured_media":2732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[101,533,534],"acf":[],"yoast_head":"\nActian Corporation Enters Into Merger With HCL Technologies in Deal Worth $330 Million<\/title>\n<meta name=\"description\" content=\"Palo Alto-based data integration provider Actian Corporation has been acquired by a conglomerate made up of HCL Technologies and Sumeru Equity Partners.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/data-integration\/actian-corporation-enters-into-merger-with-hcl-technologies-in-deal-worth-330-million\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta 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