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HDS is buying big data specialist Pentaho to strengthen its IoT cred

HDS is buying big data specialist Pentaho to strengthen its IoT cred

Hitachi Data Systems, the storage-focused subsidiary of Hitachi announced its intention to acquire Pentaho, a big data and analytics specialist, in a move it said will boost its Internet of Things and big data strategy.

The financial terms of the acquisition, which is expected to close in June, were not disclosed. But multiple reports suggest Pentaho, a well-respected player in the data integration, ETL and analytics space, fetched somewhere between $500m and $600m.

After the acquisition Pentaho, a longtime HDS partner, will keep its brand (suffixed with “a Hitachi Data Systems company) with the company’s chief executive Quentin Gallivan reporting to Kevin Eggleston, HDS senior vice president, social innovation and global industries.

HDS said the acquisition will bolster the firm’s ability to develop converged storage offerings that integrate machine data and analytics software in commercially compelling ways, strengthening the firm’s Internet of Things and big data strategy.

“Data remains an untapped resource for many organisations and businesses – with the realisation of the value of that data remaining a challenge,” Eggleston said. “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.”

Gallivan said the acquisition will “help ensure a strong foundation for Pentaho to continue to accelerate our big data analytics and data orchestration capabilities,” and give the firm added clout to help execute on its strategy.

The move may also give Hitachi a more robust pitch when it comes to the intersection of cloud and big data. For the past few years Pentaho has slowly broadened its scope outside its traditional business intelligence / ETL remit to include more cloud-based services, like Hadoop as a service.