Amazon Acquires ParAccel
Amazon quietly acquired ParAccel, a company renowned for its high-performance, columnar, massively parallel processing (MPP) database technology.
Significance
This acquisition provided Amazon with the core database engine that would become the foundation of Amazon Redshift, allowing them to rapidly develop a competitive cloud data warehousing solution.
Key facts
- Date
- 2012-03-27
- Type
- acquisition
- Location
- Andover, Massachusetts, USA (ParAccel's location), Seattle, Washington, USA (Amazon)