EMC Buying VC-Backed Greenplum

EMC Corp. (NYSE: EMC) has agreed to acquire Greenplum, a San Mateo, Calif.-based provider of data warehousing software. No pricing terms of the all-cash deal were disclosed. Greenplum has raised over $125 million in VC funding, from Meritech Capital Partners, Sun Microsystems, SAP Ventures, EDF Ventures, Hudson Venture Partners, Sierra Ventures, Dawntreader Fund and Mission Ventures.

7 July 2010•3 mins read
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