Sad for the world. Even sadder for the Gupta world.
Mr. Umang Gupta, was the first Oracle executive to leave and start his own company Gupta Technologies has died.. Gupta Technologies created a SQL relational database system , initially for microcomputers and helped usher the age of Client Server Computing.
Gupta went public on Nasdaq in 1993. (Nasdaq GPTA), the first enterprise software company founded by an Indian American to be listed on an American exchange.
The company was a precursor to the Silicon Valley boom of tech companies led by Indian American CEOs. In 1999 he took this company public.
Gupta continued as CEO until 2013 when Thoma Bravo, a private equity firm, purchased the company for $395 million.
Wednesday, May 4, 2022 1:44:00 AM