Microsoft closed its acquisition of DATAllegro, a supplier of data warehouse appliances, for an undisclosed sum.
Microsoft said it will offer a new solution based on DATAllegro’s technology that extends SQL Server to scale into hundreds of terabytes of data. The company will begin giving customers and partners early access to the combined solution through community technology previews (CTPs) within the next 12 months, with full product availability scheduled for the first half of calendar year 2010.http://www.microsoft.comhttp://www.datallegro.com
- In May 2008, DATAllegro announced the closing of its “Series D�? round of funding totaling $19.6 million. The round was led by an affiliate of the Hillman Company. All other venture capital groups from previous rounds of funding, including Adams Capital Management, Focus Ventures, Intel Capital, JAFCO Ventures, Palomar Ventures and Venrock Associates, met or exceeded their pro rata.