WANdisco makes acquisition

BIG data business WANdisco today announced the acquisition of a San Francisco firm for $2.1m.

The Sheffield and Silicon Valley-based group has bought OhmData Inc in a deal in which it will pay through the issue of 274,477 new shares in WANdisco, equivalent to 1.1% of the current shares in issue.
 
OhmData, which has three employees, develops database solutions based on the Apache HBase database. HBase is a core component of the Hadoop stack for processing large-scale data sets in real-time, and is used in Facebook and Bloomberg messaging.

WANdisco said that the OhmData team will make a major contribution to further developing its on-Stop HBase product.
 
OhmData was co-founded by Alex Newman and Ryan Rawson, who will now join WANdisco.
 
David Richards, chief executive officer of WANdisco commented: “We have again demonstrated that WANdisco can attract the top talent in the industry.  Alex and Ryan come to us having worked as core technologists at some of the biggest names in the industry such as Google, Cloudera and Amazon.  HBase is a critical component of the Hadoop stack and customers have told us that they need it to be continuously available. We are delighted to have added the OhmData team to our renowned Hadoop organization.”