EMC Is Buying Greenplum - InformationWeek

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Software // Information Management
Commentary
7/6/2010
07:39 PM
Curt Monash
Curt Monash
Commentary
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EMC Is Buying Greenplum

I don't think adding a rich parent adds much of a reason to buy from Greenplum. But if you're the type who's nervous about smaller vendors -- well, Greenplum now isn't so small.

EMC is buying Greenplum. Most of the press release is a general recapitulation of Greenplum's marketing messages, the main exceptions being (emphasis mine):

The acquisition of Greenplum will be an all-cash transaction and is expected to be completed in the third quarter of 2010, subject to customary closing conditions and regulatory approvals. The acquisition is not expected to have a material impact to EMC GAAP and non-GAAP EPS for the full 2010 fiscal year. Upon close, Bill Cook will lead the new data computing product division and report to Pat Gelsinger. EMC will continue to offer Greenplum's full product portfolio to customers and plans to deliver new EMC Proven reference architectures as well as an integrated hardware and software offering designed to improve performance and drive down implementation costs.Greenplum is one of my biggest vendor clients, and EMC is just becoming one, but of course neither side gave me a heads-up before the deal happened, nor have I yet been briefed subsequently. With those disclaimers out of the way, some of my early thoughts include:
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