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Actian Completes Versant Acquisition
[December 21, 2012]

Actian Completes Versant Acquisition

(Benzinga Lightning Feed Via Acquire Media NewsEdge) Actian Corp. today announced that it has completed the transaction to buy Versant Corporation (Nasdaq: VSNT), an industry leader in specialized data management. The combination of Versant's expertise in enterprise big data solutions further strengthens Actian's big data analytics offerings and extends its capabilities further into this burgeoning market.

According to Gartner, big data will drive $232 billion in IT spending through 2016. A real-time information management software provider, Versant has more than 150,000 installations, and has been a highly reliable partner for over 15 years for Global 2000 companies See full press release (c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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