Tableau Software (NYSE: DATA) has acquired HyPer, a high performance database system initially developed as a research project at the Technical University of Munich (TUM), the company said.
As part of the technology acquisition, Tableau will add key technical personnel and plans to establish a research and development center in Munich and expand its research into high performance computing.
HyPer is a fast main-memory database system designed for simultaneous OLTP and OLAP processing without compromising performance. It also unifies transactions and analysis in a single system, and when coupled with Tableau will help customers take visual analytics closer to the transactional systems that underlie most businesses.
Tableau Software helps people see and understand data. Tableau helps anyone quickly analyze, visualize and share information. More than 39,000 customer accounts get rapid results with Tableau in the office and on-the-go. And tens of thousands of people use Tableau Public to share data in their blogs and websites.