EMC acquires Pivotal Labs
Acquisition will enable EMC to plug in agile development tools for big data applications
EMC has acquired Pivotal Labs, a developer of agile software tools and development services.
The all-cash deal, details of which were not revealed, will add Pivotal's expertise in agile consulting services to help EMC customers to tackle the challenges of ‘big data'.
Privately-held Pivotal produces the Pivotal Tracker project management tool, which is used by over 240,000 developers around the world.
Pivotal will become part of EMC's Greenplum division, formed after the acquisition of data warehouse specialist Greenplum in July 2010. Pivotal tools will help developers to create analytic applications for big data.
"Last year we began work with Pivotal Labs on advanced development for EMC Greenplum Chorus, which ultimately opened data science teams up to an entirely new way to collaborate through socially-enabled tools and techniques. The transformative power of what we, together, could achieve for customers became quickly and abundantly clear. We're incredibly energized about the opportunity to grow this business even further, and to help customers accelerate their quest for new levels of agility and increasingly meaningful data-driven insights," Bill Cook, president and general manager of Greenplum, a division of EMC.
EMC also announced general availability of Greenplum Chorus, a Facebook-like social collaboration tool for Data Science teams to iterate on the development of datasets and ensure that useful insights are delivered to the business quickly.
Rob Mee, CEO of Pivotal Labs added: "We are thrilled to join EMC and look forward to accelerated innovation on Pivotal Tracker, expansion of our services, and the ability to offer a greater number of customers access to our proven methods of developing high quality, reliable software. Working with the Greenplum division to apply our unique development process to the challenges of Big Data is especially exciting for us."