Feeds

Teradata snaps up Aster Data for $263m

Big data analytics

Choosing a cloud hosting partner with confidence

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. ®

Internet Security Threat Report 2014

More from The Register

next story
Preview redux: Microsoft ships new Windows 10 build with 7,000 changes
Latest bleeding-edge bits borrow Action Center from Windows Phone
Google opens Inbox – email for people too thick to handle email
Print this article out and give it to someone tech-y if you get stuck
Microsoft promises Windows 10 will mean two-factor auth for all
Sneak peek at security features Redmond's baking into new OS
UNIX greybeards threaten Debian fork over systemd plan
'Veteran Unix Admins' fear desktop emphasis is betraying open source
Entity Framework goes 'code first' as Microsoft pulls visual design tool
Visual Studio database diagramming's out the window
Google+ goes TITSUP. But WHO knew? How long? Anyone ... Hello ...
Wobbly Gmail, Contacts, Calendar on the other hand ...
DEATH by PowerPoint: Microsoft warns of 0-day attack hidden in slides
Might put out patch in update, might chuck it out sooner
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.