Until recently, ParAccel was best known as the enabling technology behind Amazon's Redshift cloud data-warehouse (DW) service offering.
Then, late last month, analytic database specialist Actian nabbed ParAccel in an acquisition gambit that few – if any – in the industry saw coming.
Less than a week later, ParAccel officials were on hand at SPARK! Austin, an industry event hosted by Radiant Advisors, a business intelligence (BI) research and advisory firm. SPARK! was one of the first post-acquisition appearances by anyone at ParAccel. So the Actian acqui