Feeds

Teradata snaps up Aster Data for $263m

Big data analytics

Build a business case: developing custom apps

Data warehousing appliance maker Teradata has figured out that it needs a software business that it controls above and beyond its clustered parallel database. It has ponied up $263m to acquire Aster Data Systems, which has created tools for chewing on monstrous amounts of unstructured data.

Aster Data sells a product called nCluster that is a hybrid row and column database that runs on parallel clusters. The company also has a patent in the works for that it calls SQL-MapReduce, a hybrid of normal data warehousing of structured data and big data chewing techniques for unstructured data. Some big names on the web use Aster Data's tools to analyze clickstreams, social networking connections, recommendations and personalization, churn and detect fraud. These include LinkedIn, Comscore, Akamai, Barnes & Noble, MySpace, Intuit, InsightExpress, and Full Tilt Poker.

Aster Data has been peddling its big data analytics software on Dell's cloudy PowerEdge-C boxes as an appliance. Teradata also uses Dell iron to build its flagship Enterprise Data Warehouse (EDW) clustered appliances, so Aster and Teradata already have that in common.

What we didn't know is that Teradata bought an 11 per cent stake in Aster Data already, back in September 2010. The $263m that it is shelling out today is to buy the rest of the company. That $263m is net of debt expenses; Teradata gets the $21m in cash Aster data has on the books. All of the company's employees, including co-founders Tasso Argyros and Mayank Bawa, who are chief technology officer and chief customer officer, are coming over to Teradata.

Teradata expects to close the deal in the second quarter, and said that it did not expect for Aster to have a material effect on its revenue stream in 2011 and would make it give up a few pennies from its bottom line. So presumably Aster Data had great technology but was not yet making money.

The Aster Data acquisition follows hot on the heels of Teradata's $550m acquisition in December 2010 of Aprimo, a maker of web-based marketing management software that Teradata wants to marry with its data warehouse appliances. ®

Build a business case: developing custom apps

More from The Register

next story
KDE releases ice-cream coloured Plasma 5 just in time for summer
Melty but refreshing - popular rival to Mint's Cinnamon's still a work in progress
Leaked Windows Phone 8.1 Update specs tease details of Nokia's next mobes
New screen sizes, dual SIMs, voice over LTE, and more
Secure microkernel that uses maths to be 'bug free' goes open source
Hacker-repelling, drone-protecting code will soon be yours to tweak as you see fit
Mozilla keeps its Beard, hopes anti-gay marriage troubles are now over
Plenty on new CEO's todo list – starting with Firefox's slipping grasp
Apple: We'll unleash OS X Yosemite beta on the MASSES on 24 July
Starting today, regular fanbois will be guinea pigs, it tells Reg
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
Another day, another Firefox: Version 31 is upon us ALREADY
Web devs, Mozilla really wants you to like this one
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.