Tableau announced today that it has acquired early-stage startup HyPer, which has developed an advanced database technology that Tableau intends to incorporate into its product set.
Tableau is a business intelligence and analytics company, taking business data and helping companies make sense of it. The new HyPer database technology should provide a performance boost across Tableau products, Patrice Pelland, senior director for engineering at Tableau told TechCrunch.
“HyPer is a diamond in the rough – It was developed by a research team at Technical University of Munich (TUM),” according to Tableau.
In fact, Tableau has been watching the young company for some time, first discovering it at an academic conference devoted to database technology. As the technology came together, Tableau recognized this new approach as a good fit for what it was doing in the BI space.
Among the capabilities HyPer brings to Tableau include faster data analysis, regardless of the size of the data set; unifying the transactional and analysis systems (presumably to speed up those processes); richer analytics capabilities and support for structured or semi-structured data, which is increasingly important when processing Big Data sets.
The company was in the very early stages of being formed without funding or even customers when Tableau swooped in an acquired it. Tableau would not share financial terms of the deal. “It was a non-material transaction, so we won’t be disclosing it,” a Tableau spokesperson said.;