Ignite Technologies Acquires Rights to Leading In-Memory Database System
AUSTIN, Texas — October 20, 2015 — Ignite Technologies, a growing enterprise software company that delivers unique business applications to ignite the power of a company’s workforce, today announced they have acquired the rights to ObjectStore, Inc. ObjectStore is a leading provider of tight object-oriented database management system (OODBMS) integration into high-performance applications that run at in-memory speeds. Its platform provides real-time data caching and has proven invaluable to thousands of customers worldwide.
Ignite Technologies helps customers perform better through the deployment of best-in-class business applications across a range of functional domains. ObjectStore’s capabilities expands the depth of some of the solutions Ignite provides today, bringing a new category of products for Ignite which will be called Application Development Platforms.
Davin Cushman, Ignite Technologies CEO, knows ObjectStore customers will benefit from the acquisition. “Ignite is a growing software company with significant investments being made to further the success of our customers. That means we are investing in product development, support satisfaction, professional services and top-notch team members,” said Cushman. “Synergies for existing Ignite customers can be found with the acquisition as well. Any organization with a need for real-time access to big sets of data, integrated into their application, should look at ObjectStore. Companies like Delta Airlines have been trusting ObjectStore for over a decade.”
ObjectStore was developed over 20+ years of research as a best-in-class object-oriented database management system (OODBMS). Launched as a platform in 1988 by ObjectDesign, Inc. and later acquired by Progress Software, ObjectStore is excited to be part of a privately held, independent company that operates as Ignite Technologies. The company is headquartered in Austin, Texas.
About Ignite Technologies, Inc.
Founded in 2000, Ignite is a privately-held company and member of the ESW Capital group of companies. Since it was reinvented on the heels of a senior management change in 2013, the Company’s mission is to help customers ignite the power of their workforce to drive better business performance. Ignite leads all its efforts with a sharp focus on a simple but challenging objective ― 100% customer success ― measured through the achievements of its customers. www.ignitetech.com
About ESW Capital LLC
Based in Austin, Texas, Enterprise Software (ESW) Capital has honed a finely-tuned methodology focused on buying, strengthening, and growing mature business software companies. By taking advantage of its unique operating development platforms, ESW revitalizes its acquisitions for sustainable success while making customer satisfaction a top priority. ESW and its affiliated companies have been in the enterprise software space since 1988, and the group includes notable brands such as Ignite Technologies, Trilogy, Aurea, and Versata.