News Release Teradata to Acquire Aster DataMarch 4, 2011 No Comments
Teradata Corporation signed a definitive agreement to acquire Aster Data Systems, Inc., a market leader and pioneer in advanced analytics and the management of a variety of diverse data that is not structured. The combination of Teradata and Aster Data technologies will enable businesses to unlock the new intelligence hidden within the ever-growing volume of big data.
“We are excited about the big data analytics market opportunity that Aster Data brings to Teradata. This, coupled with our recent Integrated Marketing Management acquisition with Aprimo, and our increased investments into our core data warehouse business – provide three best-in-class platforms to fuel future growth for Teradata,” said Mike Koehler, president and chief executive officer of Teradata Corporation.
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