Category: Computing & data (Page 22 of 80)

Confluent, Inc., a data streaming platform, announced that it has signed a definitive agreement to acquire Immerok. Immerok is a contributor to Apache Flink, a technology for building stream processing applications and a popular Apache open source project. Immerok has developed a cloud-native, fully managed Flink service for customers looking to process data streams at a large scale and to deliver real-time analytical insight. Immerok leadership includes multiple Flink Project Management Committee members and Committers for the open-source technology, and would add extensive stream processing expertise to the Confluent team upon the closing of the transaction.

Confluent plans to accelerate the launch of a fully managed Flink offering that is compatible with its managed Kafka service, Confluent Cloud. Thanks to Flink, Kafka Streams, and ksqlDB offerings available natively on Confluent, customers are expected to soon have access to the three stream processing tools designed specifically to process and enrich data in real time.

Confluent’s initial focus will be to build an Apache Flink service for Confluent Cloud, bringing a cloud-native experience that delivers the same simplicity, security and scalability as Confluent for Kafka.

https://www.confluent.io ■ https://www.immerok.io

Progress, a provider of application development and infrastructure software, announced it has entered into a definitive agreement to acquire MarkLogic, specialists in managing complex data and metadata, and a Vector Capital portfolio company. Upon closing of the planned transaction, MarkLogic is expected to enhance Progress’ ability to deliver products to develop, deploy and manage high-impact applications by providing a unified enterprise-grade semantic data platform that helps customers derive value from complex data.

MarkLogic offers a proprietary, multi-model NoSQL database, along with semantic metadata management and AI capabilities, complementing the larger Progress product portfolio. MarkLogic also aligns with Progress’ Total Growth Strategy, adhering to Progress’ acquisition criteria, offering scale, a strong recurring revenue model and products with high customer retention. The acquisition is also expected to provide an opportunity for Progress to leverage its operating model and infrastructure to maximize efficiency. When closed, the acquisition is expected to add more than $100 million in annual revenue and contribute strong cash flows. Subject to the satisfaction of the terms and conditions set forth in the definitive agreement, Progress is expected to acquire MarkLogic for $355 million. The acquisition is currently expected to close in early 2023.

https://www.progress.com ■ https://www.marklogic.com

Datadobi, provider of an unstructured data management platform, announced enhancements to its multi-vendor, multi-cloud unstructured data management platform StorageMAP. The 6.3 release introduces the ability to copy file data to any S3-compatible object storage system. The new file-to-object copy functionality adds to StorageMAP’s ability to help IT leaders archive, pipeline, and replicate file data to S3.

Unstructured data makes up 80% or more of enterprise data and is growing by 55% to 65% per year, making it difficult for companies to keep up with unstructured data management efforts. The complexity of today’s heterogeneous storage environments has caused organizations to cite the need to manage unstructured data as a problem for their business.

With StorageMAP 6.3, companies can create a copy of file data on a cost-effective object storage server or service within different geographies, tech stacks, or networking providers. This enables organizations to archive aging and/or redundant, obsolete, and/or trivial (ROT) data to less expensive storage, pipeline data to the cloud for running cloud-native analytics and AI/ML applications against the data, or maintain a safe copy of data on heterogeneous storage operating systems (OS) helping protect against OS specific bugs or hacks.

https://datadobi.com