Tableau Software has acquired Technical University of Munich spinout Hyper, a data visualisation technology developer.
Hyper, a spinout of Technical University of Munich that is working on visual analytics technology, has been acquired by US-based data visualisation company Tableau Software for an undisclosed sum.
Hyper has created fast database technology that can be linked to Tableau’s platform to bring the latter’s visual analytics offering closer to the transactional systems that most businesses rely on. Hyper’s technology enables multiple queries to be run on a dataset without compromising performance.
The Hyper team will remain in Munich with Tableau investing additional resources to gain more talent from TUM.
Tableau was started by three people with links to Stanford University. Its platform helps companies produce easy to understand visuals from data sources such customer feedback, employee relations or research and development.
Chris Stolte, chief development officer at Tableau, said: “Munich is a vibrant city with a wealth of talent from TUM. This technology acquisition is focused on advancing the work Hyper has begun and developing new technologies to advance data analytics as a whole.”