Versant Corporation
| Company type | Public (until 2012) |
|---|---|
| Industry | Software, Database management |
| Founded | 1988 in Menlo Park, California, United States |
| Founder | Dr. Kee Ong |
| Defunct | 2012 |
| Fate | Acquired by Actian Corporation |
| Successor | Actian Corporation |
| Headquarters | Redwood City, California , United States |
Area served | Worldwide |
Key people | Michael Seashols (CEO), Dr. Kee Ong (CTO), David Banks (CEO), Nick Ordon (CEO), Jochen Witte (CEO) |
| Products | Versant Object Database, Versant JPA, Versant FastObjects, db4o |
| Owner | Actian Corporation (from 2012) |
| Parent | Actian Corporation |
Versant Corporation was a U.S.-based software firm that specialized in NoSQL database management solutions. Established in 1988 in Menlo Park, California, its main office was located in Redwood City, California. Although its market share remained modest compared to IBM and Oracle by 2005, Versant's object-oriented database system gained recognition during the early 2000s alongside IBM UniData.
History
The company was founded by Dr. Kee Ong, who previously contributed to the open-source Ingres project. Versant utilized research originating from the University of Wisconsin to create commercial databases tailored for the emerging object-oriented programming paradigm. The founding leadership team featured CEO Michael Seashols and CTO Dr. Kee Ong.
In 1990, the company adopted the name “Versant Object Technology,” and in 1993 David Banks took over as CEO. Versant went public on the NASDAQ stock exchange in 1996 under the ticker symbol VSNT, raising $14.9 million through its initial public offering. After moving its headquarters from Menlo Park to Fremont, Nick Ordon replaced Banks as CEO in 1998, coinciding with a rebranding to Versant Corporation.
Throughout the 1990s, Versant concentrated on ensuring cross-platform compatibility and outsourced a significant portion of its research and development maintenance to India to support ongoing operations. In 2004, the acquisition of Poet Software GmbH expanded Versant’s footprint in the European Windows market. Jochen Witte, previously president of Poet Software, was appointed CEO of Versant in 2005. That same year, a reverse stock split at a ratio of one-for-ten was executed.
In December 2008, Versant purchased Servo Software’s database division, which included the open-source embedded database db4o. Initially supporting C, C++, and Smalltalk, Versant extended its support to Java in 1995 and later incorporated C# along with the .NET platform by 2009. The introduction of Versant JPA in 2012 brought compliance with the Java Persistence API standard and previewed integration with analytics tools such as Apache Hadoop.
Versant declined an acquisition proposal from UNICOM Systems Inc., but was ultimately acquired by Actian Corporation near the end of 2012 for roughly $37 million. Actian utilized Versant’s technology to enhance its offerings within the big data sector.
Products
The Versant Object Database—currently branded as Actian NoSQL Database—functions as the metadata repository for Avalanche, Actian’s cloud-based data warehouse built upon VectorH, which is a massively parallel processing (MPP) iteration of Vector (formerly Vectorwise).
Alongside the Versant Object Database, the company offered two additional commercial object-oriented database management systems: Versant JPA and Versant FastObjects, as well as the open-source database db4o.
- Versant JPA (now known as NoSQL JPA) is compliant with JPA 2.0 standards and includes an analytics platform compatible with Hadoop. It is available both as a server solution and an SDK for Windows and Linux environments.
- Versant FastObjects (renamed NoSQL FastObjects) provides an object-oriented persistence option for .NET developers seeking non-relational database alternatives.
- db4o was an embeddable open-source object database designed for Java and .NET applications but was discontinued by Actian in 2014.
| NoSQL Database | NoSQL JPA | NoSQL Fast Objects | |
|---|---|---|---|
| C/C++ | Yes | No | Yes |
| Java | No | Yes | Yes |
| .NET | No | No | Yes |
| Enterprise scalability | Yes | Yes | No |
| Embeddable | No | No | Yes |
| Minimal administration – no specialized DBA required | Yes | Yes | Yes |
| Dual client/server caching architecture – improves performance by balancing resources | Yes | Yes | Yes |
| Multicore scalability – optimizes hardware utilization | Yes | Yes | No |
| No mapping code required – allows focus on business logic | Yes | Yes | Yes |
| Online schema evolution – enables application updates without downtime | Yes | Yes | Yes |
Additionally, Versant developed "enJin," an infrastructure platform acting as a transaction accelerator by decoupling J2EE applications from underlying data stores. This middleware-level object cache was recommended by IBM to boost performance within IBM WebSphere middleware deployments.
References
- Articles with short description
- Database enterprises
- United States companies founded in 1988
- U.S. companies dissolved in 2012
- Businesses headquartered in Redwood City, California
- Corporations previously traded on Nasdaq
- Initial public offerings in 1996
- Mergers and acquisitions in 2012
- 5
- American companies established in 1988
- Companies of the United States by year of establishment