Cirata

Cirata plc.

Company type	Public limited company
Industry	Technology, Big Data, Cloud Computing
Founded	2005 (2005)
Founder	David Richards, Dr. Yeturu Aahlad
Headquarters	Sheffield, San Ramon , United Kingdom, United States
Area served	Global
Key people	Stephen Kelly (CEO)
Products	IoT data transfer, Edge computing data solutions, Hadoop environments

Cirata plc. (previously known as WANdisco plc.) specializes in technology designed to transfer extensive Internet of Things (IoT) datasets, edge computing data, and Hadoop environments. The firm operates with dual headquarters located in Sheffield, England, and San Ramon, California.

History

Founded in 2005 by David Richards and Dr. Yeturu Aahlad, WANdisco—an abbreviation for wide-area network distributed computing—was established without relying on venture capital or private equity funding. This approach culminated in a successful initial public offering on the London Stock Exchange on June 1, 2012.

In the same year, WANdisco expanded into the big data sector by acquiring AltoStor, which enhanced its portfolio with a continuous Hadoop solution.

On March 9, 2023, trading of the company's stock was halted on the London market due to "significant, sophisticated and potentially fraudulent irregularities" related to purchase orders and revenue reporting by a senior sales staff member.

Trading resumed on The London Stock Exchange on July 25, 2023. Stephen Kelly took over as chief executive officer after serving as interim CEO starting May 10, 2023.

During the Annual General Meeting held on August 30, 2023, shareholders consented to rebrand the company as Cirata PLC. The transition of both the company name and ticker symbol to "CRTA" is anticipated by early October 2023.