WANdisco

Last updated

WANdisco, plc.
Company type Public limited company
AIM: WAND
Industry Big data
Cloud Computing
Configuration management
Software
Founded San Ramon, California, U.S. (2005 (2005))
Founder David Richards, Dr. Yeturu Aahlad [1]
Headquarters
Sheffield, United Kingdom/San Ramon, United States
Key people
Kenneth Lever (Chairman)
Stephen Kelly (CEO)
Ijoma Maluza (CFO)
Yeturu Aahlad (Inventor)
ProductsWANdisco Data Activation Platform,
SVN MultiSite Plus,
Git MultiSite,
Gerrit MultiSite,
Access Control Plus
Number of employees
circa 180 [2]
Website www.wandisco.com

WANdisco, plc. develops technology that moves large Internet of Things (IoT) datasets, edge data, and Hadoop. The company is dual-headquartered in Sheffield, England and San Ramon, California. [3]

Contents

History

The name WANdisco is an acronym for wide-area network distributed computing. WANdisco was co-founded in 2005 by David Richards and Dr. Yeturu Aahlad. [4] They grew the company without raising any private equity, venture capital, or angel funding and led it to a successful IPO on the London Stock Exchange on June 1, 2012. [5] [6]

In 2012, WANdisco acquired AltoStor and entered the big data market with its non-stop Hadoop product. [7]

On March 9, 2023, the company's shares were suspended from trading in London, citing “significant, sophisticated and potentially fraudulent irregularities with regard to received purchase orders and related revenue and bookings, as represented by one senior sales employee”. [8]

On July 25, 2023, the company's shares were readmitted to The London Stock Exchange. The company also announced that Stephen Kelly had become chief executive, having served as interim chief executive since 10 May 2023. [9]

Name Change

At the company's Annual General Meeting on 30 August 2023, shareholders voted in favor of the name change to Cirata PLC. It is expected that the transition of the Company name and ticker be completed by early October 2023, with the Company's shares to trade under the ticker "CRTA". [10]

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References

  1. ↑ "WANdisco About Us". WANdisco, Inc. Retrieved 12 November 2018.
  2. ↑ "WANdisco LinkedIn" . Retrieved 12 November 2018.
  3. ↑ Thomas, Helen (9 March 2023). "No dancing around it: WANdisco kicks London when it's down". Financial Times. Retrieved 18 October 2023.
  4. ↑ Pagnamenta, Robin (13 August 2019). "Wandisco boss David Richards on bringing one of Britain's biggest tech companies back from the brink". The Telegraph. ISSN   0307-1235 . Retrieved 18 October 2023.
  5. ↑ "Sheffield's WANdisco picks up national AIM award". Bdaily Business News. 10 October 2013. Retrieved 18 October 2023.
  6. ↑ Mellor, Chris (3 April 2023). "WANdisco CEO and CFO step down as chairman becomes CEO". Blocks and Files. Retrieved 18 October 2023.
  7. ↑ "Big Data Consolidation: WANdisco Buys AltoStor For $5.1M To Beef Up Its Apache Hadoop Cred". TechCrunch. 19 November 2012. Retrieved 10 December 2020.
  8. ↑ Partridge, Joanna (9 March 2023). "Software firm WANdisco suspends shares amid 'fraudulent irregularities'". The Guardian . Retrieved 9 March 2023.
  9. ↑ "WANdisco announces board changes following readmission". Insider Media. 26 July 2023. Retrieved 10 September 2023.
  10. ↑ "Interim unaudited results for the six months ended 30 June 2023". London Stock Exchange . 11 September 2023. Retrieved 11 September 2023.
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