HP has announced that it plans to buy data warehousing and analytics vendor Vertica for an undisclosed sum. The move comes shortly after HP phased out its Neoview data warehousing platform, which failed to gain much market share since its launch several years ago.
Vertica’s technology will enable HP to deliver “sophisticated, real-time business analytics for large and complex sets of data in physical, virtual and cloud environments,” the company said.
The acquisition also represents recently appointed HP CEO L
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