Big Data Consolidation: WANdisco Buys AltoStor For $5.1M To Beef Up Its Apache Hadoop Cred

A little consolidation in the world of big data and Apache Hadoop development: WANdisco, a UK/U.S.-based provider of collaboration software that focuses on the open-source Apache Subversion revision control system, has announced the completion of its acquisition of Palo-Alto-based AltoStor, which will help it further develop its big data products. Publicly-traded WANdisco is paying?$5.1 million, with $3.6 million of that in shares and $1.5m in cash, "payable on completion as a signing bonus," the company said in a statement to the London Stock Exchange.

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