IBM has actually acquired Ahana, a software-as-a-service (SaaS)-based company of PrestoDB, for a concealed sum.PrestoDB, or Presto, is an open source, distributed SQL question engine produced at Facebook(now Meta)that is tailored for advertisement hoc analytics versus data of all sizes.IBM said that its acquisition of Ahana remains in line with its method to invest in open source tasks and foundations. The business obtained Red Hat in 2018, cementing its open source technique.”IBM is now a popular factor to open source communities– working throughout the cloud native community, artificial intelligence, machine learning, blockchain, and quantum computing. One example is our function as a founding member of the Cloud Native Computing Foundation( CNCF), which fostered the growth of Kubernetes. We see our involvement with Presto Structure as a similar relationship,”IBM’s vice president of hybrid information management Vikram Murali and CEO of Ahana Steven Mih composed in a joint declaration. Discussing the rationale behind Ahana, IBM pointed out the business’s contributions to the Presto open source task. Ahana is associated with has 4 task committes and has two technical guiding committee members, IBM added.Other business that offer PrestoDB consist of Starburst, which offers the Starburst Business platform with Trino– a forked variation of Presto. Starburst Galaxy is the cloud-based distribution of Starburst Business. In contrast, Ahana offers
a handled version of Presto in the kind of Ahana Cloud. Amazon Web Services(AWS)uses a contending service, called Amazon Athena, that offers a serverless query service to evaluate information kept in Amazon S3 storage using basic SQL. Ahana’s acquisition, according to the companies, will help in the development of brand-new capabilities to the question engine and increase its reach in the market.”The acquisition brings Presto back tolife and makes it a more inviting target for expanding its environment,”Tony Baer, principal analyst at dbInsight, composed in a LinkedIn post, including that Presto had seen an increase in contributions over the last few years.Currently, IBM provides databases such as Hyper Protect DBaaS, Cloud Databases for PostgreSQL, Cloud Databases for MySQL, Cloud Databases for MongoDB and Db2 database for IBM Z mainframes.Silicon Valley-headquartered Ahana, which was founded by Ali LeClerc, Ashish Tadose, David Simmen, George Wang, Steven Mih, and Vivek Bharathan in April 2020,has raised about $32 million in financing till date from investors such as Lux Capital, Third Point Ventures, Liberty Global, Leslie Ventures and GV. Copyright © 2023 IDG Communications, Inc.
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