Acquisition of ParAccel Technology
Amazon strategically acquired key intellectual property and engineering talent from ParAccel, a company known for its high-performance, massively parallel processing (MPP) columnar database. This acquisition provided the foundational technology that Redshift would be built upon.
Significance
This was a critical pre-cursor to Redshift's development, providing AWS with a proven, specialized database engine rather than building one entirely from scratch. It accelerated Redshift's time to market and ensured a robust core.
Key facts
- Year
- 2011
- Type
- acquisition
- Location
- Seattle, Washington, USA (AWS Headquarters)