Strategy
Leo's Pawn to King Four: HP To Acquire Vertica (Updated)
HP today announced that they will acquire data warehouse and analytics platform provider Vertica of Billerica, MA. Cowen and Company estimated the price at 5x revenues, estimating that Vertica did $40M in 2010 revenues, suggesting a valuation of $200M which I find low. Frankly, I wouldn't be surprised