The Pivotal in-memory data technology spinoff will be bought by Tibco in a deal that will also enable General Electric subsidiary GE Digital to exit.

Enterprise software provider Tibco Software has agreed to acquire SnappyData, a US-based in-memory data platform developer spun off from software development technology and services provider Pivotal, for an undisclosed amount. SnappyData combines an in-memory platform with open-source Apache Spark big data processing software in a product that enables customers to stream, transact and analyse data,…

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