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September 29, 2016

SAP Expands Hadoop Reach With Altiscale Deal

George Leopold

SAP completed it acquisition of big data analytics startup Altiscale Inc. this week, saying it would fold Altiscale’s data cloud and Hadoop services into its existing SAP HANA cloud and emerging analytics efforts.

Reports that SAP (NYSE: SAP) was pursuing Altiscale, based in Palo Alto, Calif., began surfacing in August. SAP did not disclose details of the acquisition, but reports pegged the deal at north of $125 million.

Altiscale is a leading big data services vendor specializing in Hadoop and Apache Spark data platforms, SAP said those platform would be leveraged to accelerate and “operationalize” big data deployment in the enterprise via the SAP HANA cloud.

Read the full story here at sister website EnterpriseTech.com.

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