Company:WANdisco

From HandWiki
WANdisco, plc.
TypePublic limited company
Template:AIM
IndustryBig data
Cloud Computing
Configuration management
Software
FoundedSan Ramon, California , U.S. (2005 (2005))
FounderDavid 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]
Websitewww.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]

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]

References

  1. "WANdisco About Us". WANdisco, Inc.. https://www.wandisco.com/about-us. 
  2. "WANdisco LinkedIn". https://www.linkedin.com/company/wandisco. 
  3. Thomas, Helen (2023-03-09). "No dancing around it: WANdisco kicks London when it’s down". Financial Times. https://www.ft.com/content/bde8c4ef-5ffb-4673-bc99-ba42cf51079d. 
  4. Pagnamenta, Robin (2019-08-13). "Wandisco boss David Richards on bringing one of Britain's biggest tech companies back from the brink" (in en-GB). The Telegraph. ISSN 0307-1235. https://www.telegraph.co.uk/technology/2019/08/13/wandisco-boss-david-richards-explains-firms-focus-cloud-just/. 
  5. "Sheffield’s WANdisco picks up national AIM award" (in en). 2013-10-10. https://bdaily.co.uk/articles/2013/10/10/sheffields-wandisco-picks-up-national-aim-award. 
  6. Mellor, Chris (2023-04-03). "WANdisco CEO and CFO step down as chairman becomes CEO" (in en-US). https://blocksandfiles.com/2023/04/03/wandisco-ceo-and-cfo-out-as-chairman-becomes-ceo/. 
  7. "Big Data Consolidation: WANdisco Buys AltoStor For $5.1M To Beef Up Its Apache Hadoop Cred" (in en-US). 19 November 2012. https://social.techcrunch.com/2012/11/19/big-data-consolidation-wandisco-buys-altostor-to-beef-up-apache-hadoop-cred/. 
  8. Partridge, Joanna (9 March 2023). "Software firm WANdisco suspends shares amid 'fraudulent irregularities'". https://www.theguardian.com/business/2023/mar/09/software-firm-wandisco-suspends-shares-amid-fraudulent-irregularities. 
  9. "WANdisco announces board changes following readmission". 26 July 2023. https://www.insidermedia.com/news/yorkshire/wandisco-announces-board-changes-following-readmission. 
  10. "Interim unaudited results for the six months ended 30 June 2023". 11 September 2023. https://www.londonstockexchange.com/news-article/WAND/interim-results/16117733. 

External links