Cirata plc. (formerly known as WANdisco plc.) develops technology that moves large

Internet of Things Internet of things (IoT) describes devices with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other communication networks. The IoT encompasse ...

(IoT) datasets, edge data, and Hadoop. The company is dual-headquartered in

Sheffield Sheffield is a city in South Yorkshire, England, situated south of Leeds and east of Manchester. The city is the administrative centre of the City of Sheffield. It is historically part of the West Riding of Yorkshire and some of its so ...

, England and

San Ramon, California San Ramon (Spanish language, Spanish: ''San Ramón'', meaning "Saint Raymond") is a city in Contra Costa County, California, United States, located within the San Ramon Valley, and east of San Francisco. San Ramon's population was 84,605 per th ...

History

The name WANdisco is an acronym for

wide-area network A wide area network (WAN) is a telecommunications network that extends over a large geographic area. Wide area networks are often established with leased telecommunication circuits. Businesses, as well as schools and government entities, use ...

distributed computing Distributed computing is a field of computer science that studies distributed systems, defined as computer systems whose inter-communicating components are located on different networked computers. The components of a distributed system commu ...

. WANdisco was co-founded in 2005 by David Richards and Dr. Yeturu Aahlad. 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. In 2012, WANdisco acquired AltoStor and entered the big data market with its non-stop Hadoop product. 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”. On July 25, 2023, the company's shares were readmitted to The

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

. The company also announced that Stephen Kelly had become chief executive, having served as interim chief executive since 10 May 2023. At the company's

Annual General Meeting An annual general meeting (AGM, also known as the annual meeting) is a meeting of the general membership of an organization. These organizations include membership associations and companies with shareholders. These meetings may be required ...

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".

References

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* {{DEFAULTSORT:Wandisco Software companies of England Software companies based in the San Francisco Bay Area Companies based in San Ramon, California Software companies established in 2005 2005 establishments in California Companies listed on the Alternative Investment Market Companies based in Sheffield Big data companies Cloud computing providers Hadoop 2012 initial public offerings Software companies of the United States