Database Makers Poet, Versant Team

 
 
By Lisa Vaas  |  Posted 2003-10-06 Email Print this article Print
 
 
 
 
 
 
 

Software developers Versant Corp. and Poet Holdings Inc. are merging to provide a line of object-oriented databases to power a broader range of applications than either could on its own.

Software developers versant Corp. and Poet Holdings Inc. are merging to provide a line of object-oriented databases to power a broader range of applications than either could on its own.

The combined company, which will be known as Versant and was formed last week in a stock swap valued at $26 million, will work on software that delivers storage, integration, analysis and the ability to act on real-time data, said officials from Versant, of Fremont, Calif.

Fast Objects, an object database from Poet, of Hamburg, Germany, is used in embedded applications; Versants object database, VDS, is used in high- performance, large-scale, real-time applications. The merged technologies will be designed to manage real-time, XML, and other hierarchical and navigational data, according to officials.

The acquisition is important to Versant as it pursues the emerging technology of JDO (Java Data Objects), officials said. JDO allows developers to create a universal way of accessing data and thus give applications the ability to choose databases from various database vendors without the need to make code changes.

Versant officials also announced last week a partnership with SolarMetric Inc., in Austin, Texas, to integrate Poets JDO for Fast Objects with SolarMetrics JDO technology. Versant will also license, resell and act as an OEM for SolarMetrics JDO technology, officials said.

Object database companies have been consolidating, with Progress Software Corp. purchasing Excelon Corp. last fall and Pervasive Software Inc. buying Data Junction Corp. in August.

 
 
 
 
Lisa Vaas is News Editor/Operations for eWEEK.com and also serves as editor of the Database topic center. Since 1995, she has also been a Webcast news show anchorperson and a reporter covering the IT industry. She has focused on customer relationship management technology, IT salaries and careers, effects of the H1-B visa on the technology workforce, wireless technology, security, and, most recently, databases and the technologies that touch upon them. Her articles have appeared in eWEEK's print edition, on eWEEK.com, and in the startup IT magazine PC Connection. Prior to becoming a journalist, Vaas experienced an array of eye-opening careers, including driving a cab in Boston, photographing cranky babies in shopping malls, selling cameras, typography and computer training. She stopped a hair short of finishing an M.A. in English at the University of Massachusetts in Boston. She earned a B.S. in Communications from Emerson College. She runs two open-mic reading series in Boston and currently keeps bees in her home in Mashpee, Mass.
 
 
 
 
 
 
 

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