AWS acquires/licenses ParAccel technology
In a strategic move to accelerate its entry into cloud data warehousing, AWS acquired key technology and talent from ParAccel, a database company known for its high-performance, columnar MPP database.
Significance
This acquisition provided the foundational technology (ParAccel's core engine) that AWS would re-engineer and productize into Amazon Redshift, significantly speeding up development.
Key facts
- Year
- 2012
- Type
- acquisition
- Location
- Seattle, Washington, USA (AWS HQ)