Teradata Acquires Aster Data for $263,000,000

  • Feed Type
  • 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.