Teradata Acquires Aster Data For $263 Million
Data storage concern Teradata said today it would spend $263 million to buy the majority of equity in privately held Aster Data Systems that it doesn’t already own. Aster specializes in analytics and management of unstructured data. Teradata says the combination will give it a leg up on the world of big data, which it defines as the massive mixed trove of data that’s both structured and unstructured, where complex interrelationships aren’t easily determined from conventional analysis. Teradata already owned 11 percent of Aster, whose customers include Barnes and Noble, comScore, LinkedIn and Intuit.