Enterprise software giant EMC has acquired data warehousing company Greenplum Software. Financial terms of the deal were not disclosed but the acquisition is an all-cash transaction.
Greenplum, which has raised $61 million in funding, develops database software for business intelligence and data warehousing applications. Greenplum has a number of high profile investors, including Sun Microsystems and SAP Ventures. The company’s client base includes Skype, Equifax, T-Mobile and Fox Interactive Media Greenplum will become the foundation for a new data computing product division within EMC’s Information Infrastructure business.