Actian Completes Versant Acquisition

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

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