Princeton Softech: Spin off on a mission
- By Jack Vaughan
Princeton Softech recently said it had closed a $21 million deal with Apax
Partners Inc. and co-investor LLR Partners Inc., enabling the software company
to spin-off from its parent, Computer Horizons Corp. Now, as an independent,
Princeton Softech will seek to enlarge its efforts to promote its technology
for active archiving.
The active archiving approach seeks to reduce database and data warehouse maintenance
costs by aggressively and automatically pulling unneeded data offline.
Company CEO Lisa Cash suggests Princeton Softech's recent efforts have already
positioned it as the 'thought leader' in the field of active archiving, which
she said is marked by great potential.
"Web apps collect lots of data. Its usefulness may be short lived, but
you may well have to retain that data anyway. Today, even data warehouses need
archiving. The cost of maintaining them is becoming cumbersome for organizations,"
"We archive data from relational databases," Cash continued, "if
you can remove and restore relational data [natural] form, that enhances performance
of the application -- response times decrease. Maintenance procedures are also
Princeton Softech's core toolset gained considerable use during the industry-wide
rush to prepare for the year 2000, catching the attention of Computer Horizons.
Significant enhancements to that basic technology have allowed the company to
forge into the nascent active archiving segment. Princeton Softech became a
part of Computer Horizons in 1998. Computer Horizons, already an established
systems integrator at that time, was seeking to expand via tools and non-Y2K-related
Jack Vaughan is former Editor-at-Large at Application Development Trends magazine.