CA relinquishes last stake in Ingres

Venture capital firm Garnett & Helfrich is now the open-source database's sole investor

CA Technologies has sold off its remaining 20 percent stake in Ingres to venture capital firm Garnett & Helfrich Capital, which is now the open-source database company's sole owner.

The deal was reached in September, according to Ingres. Terms were not disclosed.

Ingres' recently released VectorWise analytic database technology was one reason Garnett & Helfrich decided to invest further in the company, according to a statement.

Ingres is working to create an ecosystem around VectorWise, both with resellers and software partners such as BI (business intelligence) vendor Pentaho.

The company also recently unveiled version 10 of the core Ingres database. New features include tools that make it easier for Oracle and MySQL database users to migrate workloads over to Ingres.

CA first sold a majority stake in Ingres to Garnett & Helfrich in 2005, after releasing the database as an open-source project.

Its decision to shed remaining equity in the company could revive talk of an Ingres IPO (initial public offering). Such a move had been expected to occur in 2008, but did not come to pass.

Ingres reported revenues of US$68 million in 2008, a 32 percent increase over 2007. More recent figures were not immediately available. However, Garnett & Helfrich's investment comes at a time of "increasing profitability" for Ingres, according to a statement.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris's e-mail address is Chris_Kanaracus@idg.com

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags CA Technologiesbusiness issuesopen sourceingresdatabasesapplicationssoftwareinvestments

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Chris Kanaracus

IDG News Service
Show Comments

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?