Teradata Corp.’s acquisition of two “big data” startup firms will help the local company maintain its industry lead over such competitors as Oracle, IBM and Microsoft, a company spokesman said Tuesday.
On Tuesday, Teradata announced it had bought the assets of Maryland-based Revelytix and Boston-based Hadapt to accelerate the growth of its big data capabilities. Terms of the deal were not disclosed.
A Teradata spokesman said the employees and intellectual property of Revelytix and Hadapt will be integrated into the Teradata Labs research and development division, headquartered in San Diego. The employees will work from their current locations, he said.
“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,” said Scott Gnau, Teradata Labs president, in a statement.
Teradata is an analytic data platforms company headquartered in Miami Twp. The company has about 10,000 workers worldwide, including more than 400 in the Dayton region.
In March, information technology research firm Gartner Inc. named Teradata as a global leader in data warehouse database management systems, ahead of Oracle, IBM, Microsoft and SAP.