News Release 12/12/2006
More News
Persistent Systems and db4objects Enter into Partnership
SAN MATEO, Calif., Dec. 12, 2006 - db4objects (www.db4o.com), creator of the leading open source object database for Java and .NET, today announced that it has entered into a strategic alliance with Persistent Systems (www.persistentsys.com), a leader in outsourced software product development, to help customers efficiently implement db4o's native object-oriented technology in their products, especially within tight time and budget constraints.
Persistent Systems, founded in 1990, has more than a decade long practice in developing large scale Data Warehousing and BI solutions for some of the leading ISVs in the world. Persistent specializes in data persistence, product development and support. Headquartered in Pune, India, with a presence in the UK, USA and Japan, Persistent currently has a strong workforce of 2700 software experts. Persistent has been profitable since its inception and is consistently growing at a rate of 60% per year for the last three years.
"We are very excited to work with db4objects on the forefront of modern object-oriented persistence technology," says Dr. Anand Deshpande, founder, Chairman and Managing Director of Persistent. "db4o helps developers to be more productive and write more feature rich applications with embedded persistence. Persistent Systems can thus help its customers with a significant Time-to-Market advantage while lowering development costs."
"It is an honor for db4objects to work with Persistent Systems, one of the most recognized leaders in high quality software production worldwide," says Christof Wittig, CEO of db4objects. "The combination of Persistent System's vast body of high quality software engineers and db4o's cutting edge technology are a compelling combination that can jointly work towards customers' advantage."
About db4objects, Inc
db4objects, Inc (www.db4o.com) provides db4o, the only native object database for both Java and .NET, available under open source and commercial licenses. 15,000 registered community members and more than 600,000 downloads make db4o the world's most popular object database. db4o is used by some of the world's most innovative companies, including Boeing, BMW, Bosch, Seagate, and Intel. db4objects is a privately held company based in San Mateo, California, and backed by noted Silicon Valley luminaries including Mark Leslie, founding CEO of Veritas, Jerry Fiddler, founding CEO of Wind River, and Vinod Khosla, founding CEO of SUN Microsystems.
Press and analyst contacts:
press@db4o.com
More News