Spotlight: Actian procures ParAccel
Actian Corp., a provider of big data management, announced today the acquisition of ParAccel, a provider of high-performance analytics and Amazon database partner. It is part of the Amazon (NASDAQ: AMZN) Web Services Redshift data warehouse service. Actian CEO Steve Shine said the company is building a modern, highly innovative end-to-end database, integration and analytics solution aimed at solving today's data challenges. ParAccel is used by companies such as The Royal Bank of Scotland, OfficeMax and MicroStrategy. Furthering this effort, Actian earlier this month announced the acquisition of Pervasive Software Inc., a provider of cloud-based and on-premises data solutions.