Feeds

Teradata snaps up Aster Data for $263m

Big data analytics

Combat fraud and increase customer satisfaction

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. ®

3 Big data security analytics techniques

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Inside the Hekaton: SQL Server 2014's database engine deconstructed
Nadella's database sqares the circle of cheap memory vs speed
Microsoft lobs pre-release Windows Phone 8.1 at devs who dare
App makers can load it before anyone else, but if they do they're stuck with it
Oh no, Joe: WinPhone users already griping over 8.1 mega-update
Hang on. Which bit of Developer Preview don't you understand?
Half of Twitter's 'active users' are SILENT STALKERS
Nearly 50% have NEVER tweeted a word
Internet-of-stuff startup dumps NoSQL for ... SQL?
NoSQL taste great at first but lacks proper nutrients, says startup cloud whiz
Batten down the hatches, Ubuntu 14.04 LTS due in TWO DAYS
Admins dab straining server brows in advance of Trusty Tahr's long-term support landing
IRS boss on XP migration: 'Classic fix the airplane while you're flying it attempt'
Plus: Condoleezza Rice at Dropbox 'maybe she can find ... weapons of mass destruction'
Ditch the sync, paddle in the Streem: Upstart offers syncless sharing
Upload, delete and carry on sharing afterwards?
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.