July 22, 2014 | SAN DIEGO
Teradata Acquisitions Accelerate Big Data Innovation
Underscores commitment to customer value, extends big data portfolio, and expands the capabilities of Teradata’s® Unified Data Architecture™
Teradata (NYSE: TDC), the analytic data platforms, marketing applications, and services company, today announced two acquisitions that accelerate the growth of its big data capabilities.
On July 16th, Teradata acquired assets of Revelytix, a leader in information management products for big data with unique metadata management technology and deep expertise in integrating information across the enterprise. On July 17th, Teradata acquired assets of Hadapt, including experienced big data technologists and intellectual property.
“We welcome Revelytix and Hadapt employees to Teradata and we look forward to their contributions in helping Teradata Labs accelerate delivery of big data solutions for our customers,” said Scott Gnau, president, Teradata Labs. “The addition of the key assets of these companies underscores Teradata’s commitment to continued innovation and customer value, extends our big data portfolio, and enhances the Teradata® Unified Data Architecture™.”
Data governance and understanding metadata in Hadoop is one of the biggest challenges and impediments to success with Hadoop today. The Revelytix acquisition brings to Teradata new data management and data preparation tools in Hadoop, as it delivers integrated metadata, lineage, and data wrangling all in a single software solution. The Revelytix team joining Teradata has a deep history in metadata management solutions. From Hadapt, Teradata has gained an experienced engineering team with deep big data knowledge that will be leveraged to enhance and move forward the Teradata Unified Data Architecture.
Organizationally, the people and intellectual property acquired in these transactions will become part of Teradata Labs, the award-winning and industry-leading research and development arm of Teradata.
Exploiting all available data has become a strategic imperative for organizations to be successful. Teradata’s investment in big data technologies, including investments in Teradata Aster and Hadoop, complement Teradata’s industry-leading data warehouse offerings and help customers unlock the value within big data.
Because they are not material to Teradata, the terms of these acquisitions have not been disclosed.
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