Hitachi Data Systems plans to buy Pentaho for IoT R&D
Hitachi Data Systems, a subsidiary of Hitachi, is looking to buy big data analytics and integration firm Pentaho Corp.
The two companies expect to finalize the transaction by June, pending customary closing conditions.
Plans call for Pentaho to remain in the brand’s name, but with the tagline, “Pentaho, a Hitachi Data Systems company.”
The acquisition is in line with Hitachi’s ambitions in the machine data, IT and analytics space as the “Internet of Things” technology continues to rapidly perpetuate.
Kevin Eggleston, SVP of innovation and global industries for Hitachi Data Systems called data “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 the Internet of Things in a quicker and simpler way,” he said.
Hitachi and Pentaho already have an OEM relationship. HDS and Pentaho will work on big data orchestration solutions related to connected machines and other IoT applications.
Quentin Gallivan, chairman and CEO of Pentaho, said the acquisition by Hitachi will allow “our complementary set of solutions [to] 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,” he said.
