Storage vendor Hitachi Data Systems is set to buy analytics company Pentaho at a price rumored to be between $500 million and $600 million (closer to $500 million, from what I’ve heard). It’s an interesting deal because of its size and because Hitachi wants to move beyond enterprise storage and into analytics for the internet of things. Pentaho sells business intelligence software, and can transform even big data from stream-processing engines for real-time analysis. According to a Hitachi press release, “The result will be unique, comprehensive solutions to address specific challenges through a shared analytics platform.”
Sight Machine, a startup trying to simplify the collection and analysis of industrial data, has raised a $5 million venture capital round from Mercury Fund, Michigan eLab, Huron River Ventures, Orfin Ventures and Funders Club, as well as its existing investors. The company originally focused on computer vision and letting users easily analyze images from assembly-line cameras, but has expanded its platform to include data from sensors, robots, and other industrial instruments and systems. Sight Machine was co-founded by Nathan Oostendorp, who also co-founded tech news site Slashdot.