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Hitachi Acquires Pentaho to Accelerate Big Data Deployments and IoT Applications

Hitachi Acquires Pentaho to Accelerate Big Data Deployments and IoT Applications Image Credit: Pentaho

Hitachi Data Systems (HDS), a wholly owned subsidiary of Hitachi, Tuesday announced its intent to acquire Pentaho, a leading big data integration and business analytics company with an open source-based platform for diverse big data deployments. Upon the acquisation which is expected to be completed by June 2015, Pentaho will retain its brand and will continue to execute its current business model under the leadership of Pentaho CEO, Quentin Gallivan, who will report to Kevin Eggleston, HDS senior vice president, Social Innovation and Global Industries. The deal is said as the largest private big data acquisition transaction to date.

According to HDS, the acquisition helps to fulfill Hitachi's strategy of delivering business innovations that integrate machine data, information technology, and analytics to distill value from big data and the Internet of Things. Pentaho software and expertise will advance the current HDS portfolio of products and services, and help bring additional HDS big data solutions to market sooner. 

Kevin Eggleston, senior vice president, Social Innovation and Global Industries, Hitachi Data Systems
Data remains an untapped resource for many organizations and businesses -- with the realization of the value of that data remaining a challenge. The combination of Hitachi's broad industry expertise, advanced information technologies, and now Pentaho software and the talented team of experts, will enable us to give customers a more complete solution to manage their data -- allowing them to leverage the power of big data and Internet of Things in a quicker and simpler way.

Quentin Gallivan, chairman and chief executive officer, Pentaho.
We are pleased to join the Hitachi Data Systems family and truly believe our complementary set of solutions will accelerate the adoption of big data deployments and Internet of Things applications. The broad resources, expertise and global presence of Hitachi Data Systems, as well as Hitachi, Ltd., help ensure a strong foundation for Pentaho to continue to accelerate our big data analytics and data orchestration capabilities, bring new innovations to market, and expand support for current and future customers.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

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