The core to Wide Area Network Distributed Computing dubbed WANdisco product suite, is "Replication". WANdisco offers Apache Subversion and CVS source control systems scaled to enterprise use with MultiSite (replication, mirroring, clustering), SmartSVN (graphical subversion client), Access Control (full authorization and authentication capabilities) and clustering (avoids single point of failure) on top of Subversion and CVS systems.
With its patented "active-active replication" technology that has been recently granted, WANdisco plans to speed up the launch of its big data products with help of this acquisition. AltoStor is a small, pioneering firm with a deep expertise in the Big Data market. Its founders, Dr. Konstantin Shvachko and Jagane Sundar, are among the core Apache Hadoop creators, developers and on-going contributors.
AltoStor team brings in with them tons of Hadoop expertise with active expertise implementing Hadoop at eBay as principal big data architects and were responsible to setup a 12-person team at Yahoo.
The deal is set to pay $5.1 million altogether of which $3.6 million will be paid in shares and $1.5m in cash according to the company's statement to the London Stock Exchange. "Prior to this acquisition, we had a number of options including venture capital and acquisition approaches from several large Silicon Valley software companies desiring to enhance their Big Data products," said Shvachko. "When we first spoke with WANdisco, we recognized immediately that WANdisco's patented replication technology, combined with AltoStor's products and knowledge, could create a compelling product offering that virtually every enterprise looking to deploy Hadoop could utilize."
WANdisco will host a live webinar on December 11 at 10:00 a.m. PST where Richards, Shvachko and Sundar will discuss the acquisition and WANdisco's direction in the Big Data Market. For more information and to register, visit The Future of Big Data for the Enterprise.