ParAccel Technology Acquisition
Amazon Web Services acquired key technology and intellectual property from ParAccel, a pioneer in high-performance columnar, massively parallel processing (MPP) databases.
Significance
This acquisition provided the core technical foundation—the advanced database engine—that would be transformed into Amazon Redshift, giving AWS a powerful head start in the cloud data warehousing market.
Key facts
- Year
- 2011
- Type
- acquisition
- Location
- Seattle, Washington, USA