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SEATTLE, March 10, 2016 -- Tableau Software (NYSE: DATA) today announced it has acquired HyPer, a high performance database system initially developed as a research project at the Technical University of Munich (TUM). As part of the technology acquisition, Tableau will add key technical personnel and plans to establish a research and development center in Munichand 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.
HyPer grew out of a research project started in 2010 by professors Dr. Thomas Neumann and Dr. Alfons Kemper, chair of TUM's database group. Four of the project's Ph.D. students, Tobias Muehlbauer, Wolf Roediger, Viktor Leis and Jan Finis, will join Tableau, focused on integrating HyPer into Tableau products.
"HyPer was born at TUM, similarly to how Tableau was founded out of Stanford," said Muehlbauer. "We have similar approaches to innovation and a shared vision to help the world see and understand data. We're thrilled that Tableau customers will benefit from our research, and we now have the opportunity to make a big impact in the data analytics space."
The HyPer team will be based in Munich. Tableau plans to invest additional resources in Munich to leverage the talent from TUM for further innovation that will enhance future Tableau products.
"Munich is a vibrant city with a wealth of talent from TUM," said Chris Stolte, Chief Development Officer at Tableau. "This technology acquisition is focused on advancing the work HyPer has begun and developing new technologies to advance data analytics as a whole."
HyPer will be integrated into Tableau's product lines and bring a host of new capabilities to Tableau customers:
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This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding Tableau's proposed product offerings, future product capabilities and investments in product development. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: difficulties encountered integrated HyPer technology; difficulties encountered in developing new products or modifying existing products, and the degree to which such products gain market acceptance; and the competitive environment in the software industry and competitive responses to the technology acquisition. These and other important risk factors are included in documents filed with the U. S. Securities and Exchange Commission, including Tableau's most recently filed Form 10-K, subsequently filed Quarterly Reports on Form 10-Q, and other reports and filings with the SEC and could cause actual results to vary from expectations. Tableau does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.