Seattle, WA-based business intelligence platform Tableau Software [NYSE: DATA] acquired HyPer, a database system initially developed as a research project at the Technical University of Munich (TUM).
The amount of the deal was not disclosed.
HyPer will be integrated into Tableau’s product lines to bring its customers faster analysis of data of all sizes, enhanced data integration, data transformation and data blending, richer analytics, such as k-means clustering and window functions, expanded support for Big data efforts with semi-structure and unstructured data and unification of analysis and transactional systems.
Built as a research project started in 2010 by professors Dr. Thomas Neumann and Dr. Alfons Kemper, chair of TUM’s database group, HyPer is a fast main-memory database system designed for simultaneous OLTP and OLAP processing without compromising performance. It also unifies transactions and analysis in a single system. Coupled with Tableau, it will allow customers to take visual analytics closer to the transactional systems that underlie most businesses.
Four of the project’s Ph.D. students, Tobias Muehlbauer, Wolf Roediger, Viktor Leis and Jan Finis, will join Tableau, focused on integrating HyPer into Tableau products.
Following the acquisition, Tableau plans to invest additional resources in Munich, where the HyPer team will be based, for further innovation that will enhance future products.
FinSMEs
11/03/2016