Cape Town software house JDO Genie has been bought by US-based Versant for an undisclosed amount, in a deal that will propel the small South African company into the international arena.
JDO Genie says its customers will receive enhanced support from Versant`s expanded range of support and will also benefit from Versant`s entire product suite.
JDO Genie grew out of professional services group Hemisphere Technologies and established itself as a separate company in March. It was formed with the aim of developing the market that emerged from the commercial standard of JDO (Java Direct Object) that provides for the transparent persistence for Java Objects with an API that is independent of the underlying data store.
Nasdaq-listed Versant is a data management and open source software company. Its products and services are used by a number of international companies, including British Airways, Tyco, IBM, MCI and the US government.
Versant recently completed the acquisition of another US software house, Poet, and that company`s FastObjects database, which complements Versant`s VDS object database used in high-performance, large-scale, real-time applications.
A statement on the Versant Web site says the company will continue to buy smaller companies with complementary technologies that would help it gain a dominant position in the objects dataspace market.
Share