IBM acquires SaaS-based PrestoDB provider Ahana

IBM has acquired Ahana, a software-as-a-service (SaaS)-based provider of PrestoDB, for an undisclosed sum.

PrestoDB, or Presto, is an open source, distributed SQL query engine created at Facebook (now Meta) that is tailored for ad hoc analytics against data of all sizes.

IBM said that its acquisition of Ahana is in line with its strategy to invest in open source projects and foundations. The company acquired Red Hat in 2018, cementing its open source strategy.

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Author: . [Source Link (*), InfoWorld]

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