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Concept
Actian
Summary
Actian is an American software company headquartered in Sunnyvale, California that provides analytics-related software, products, and services. The company sells database software and technology, cloud engineered systems, and data integration solutions.
1980: Relational Technology, Inc. was founded to commercialize Ingres (developed at UC Berkeley).
1988: RTI went public, raising 28 million on their IPO.
1989: Changed name to Ingres Corporation.
1990: ASK Computer Systems acquires Ingres Corporation.
1994: Computer Associates (CA) acquires the ASK Group.
2005: Ingres Corporation spun out of CA, with private equity firm Garnett & Helfrich Capital as largest shareholder.
2010: Ingres acquires VectorWise.
2011: Changed name to Actian.
2012: Actian acquires Versant Corporation.
2013: Actian acquires Pervasive Software and ParAccel.
2018: Actian was acquired by HCL Technologies and Sumeru Equity Partners for 330 million.
2021: HCL Technologies became the sole owner of Actian.
Ingres was developed at the University of California, Berkeley and commercialized by Relational Technology Inc. After a course of name changes and acquisitions, including VectorWise BV, Versant, Pervasive, and ParAccel, Actian came into existence as a multinational software firm.
Relational Technology, Incorporated (RTI), was founded in 1980 by Michael Stonebraker and Eugene Wong, and professor Lawrence A. Rowe to commercialize Ingres.
In the late 1980s, RTI had competition in the database management system (DBMS) market, including Oracle Corporation (which had started with the similar name Relational Software Incorporated), Informix Corporation, and Sybase, but was one of the largest DBMS companies.
RTI was renamed Ingres Corporation late in 1989.
ASK Computer Systems announced in September 1990 a deal in which ASK would acquire Ingres, funded partially by investments from Hewlett-Packard and Electronic Data Systems.
The deal met resistance from a shareholder, but did complete by November 1990.
Computer Associates (CA) acquired the ASK Group in 1994.
Official source
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