Entering text into the input field will update the search result below

Teradata selling marketing applications business for $90M

Apr. 25, 2016 3:44 PM ETTeradata Corporation (TDC) StockTDCBy: Jason Aycock, SA News Editor2 Comments
  • Teradata (TDC -1.3%) today says it's disposing of its marketing applications business in a deal worth $90M.
  • The company is selling the business to Marlin Equity Partners via its affiliate TMA. There's no financing condition on the deal and it's expected to close in Q2.
  • Teradata had said in the fall that it intended to exit the business, which it had acquired in a $525M deal for Aprimo in 2010, so that it could focus on its data/analytics business.
  • Now read Teradata: Has Light Been Seen At The End Of The Tunnel? »

Recommended For You

About TDC Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
TDC--
Teradata Corporation