Teradata Acquires Aster Data for $263,000,000
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cc98c9ee-511c-437e-8921-f8ad68ddecf4&Preview=1 - Date
3/3/2011 - Company Name
Aster Data - Mailing Address
959 Skyway Road San Carlos, CA 94070 - Company Description
Aster transforms off-the-shelf, commodity hardware into a powerful, self-managing, and scalable analytic database capable of handling the most demanding data warehousing environments. - Website
http://www.asterdata.com/ - Transaction Type
M&A - Transaction Amount
$263,000,000 - Transaction Round
- Proceeds Purposes
- M&A Terms
Teradata acquired an 11 percent ownership interest in Aster Data in September 2010, and has agreed to pay an additional $263 million for the remaining ownership interest, net of debt and other expenses.
