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Teradata Corporation (TDC)

  • Wed, Nov. 18, 12:45 PM
    • Teradata's (NYSE:TDC) recent actions resemble those of a company putting itself on the block, argues Longbow Research.
    • 13 days ago, Teradata announced (along with a Q3 sales miss and full-year guidance cut) job cuts and plans to exit its marketing app business, with the goal of focusing solely on its data warehousing/analytics offerings going forward.
    • Data warehousing peer Informatica was taken private earlier this year by P-E investors. However, Informatica's top-line pressures weren't as severe as Teradata's. Shares are down 36% YTD, and trade for 12x a 2016 EPS consensus of $2.29. 2013 EPS amounted to $2.86.
    | Wed, Nov. 18, 12:45 PM | 4 Comments
  • Tue, Apr. 14, 7:24 PM
    • Scott Gnau, president of data warehousing hardware/software vendor Teradata's (NYSE:TDC) R&D ops (Teradata Labs), is leaving to become the CTO of Hadoop software vendor Hortonworks (NASDAQ:HDP). Global consulting/support services chief Dan Harrington will run Teradata Labs until a permanent successor is found.
    • At Teradata, Gnau was responsible for "direction for all research, development and sales support activities related to Teradata integrated data warehousing, big data analytics, and associated solutions," and oversaw 1,400 workers. At Hortonworks, he'll be responsible for the company's R&D programs and tech strategy.
    • Teradata owned a 7% stake in Hortonworks at IPO time. Hadoop has been seen as a threat Teradata's traditional data warehousing offerings, one that it has tried to head off with the help of acquisitions.
    • News of Gnau's hiring arrives shortly after Hortonworks unveiled a slew of new features for its Hadoop offerings that it argues address enterprise management and security needs. The features include automated provisioning/scaling of Hadoop clusters on cloud infrastructure (IaaS) platforms, automated rolling upgrades, simplified authentication, and automated security administration.
    • The cloud provisioning/auto-scaling features are made possible by the acquisition of SequenceIO, a developer of open-source tools for launching Hadoop clusters on major IaaS platforms (Azure, AWS, OpenStack, etc.) and via Docker containers (lightweight virtual machines). SequenceIO's offerings will be integrated with Hortonworks' software platform, and be provided to the Apache Software Foundation (responsible for Hadoop, among other things).
    | Tue, Apr. 14, 7:24 PM | Comment!
  • Dec. 17, 2014, 2:56 PM
    • Teradata (TDC +0.4%) has bought RainStor, a provider of archiving database software that leverages the Hadoop big data framework. Terms are undisclosed.
    • Teradata touts the high compression rates (10x-40x) supported by RainStor's software, as well as the immutability of data copies made with it (important for compliance/security purposes).
    • Earlier this year, Teradata bought big data consulting/services firm Think Big Analytics, big data management software firm Revelytix, and database software firm Hadapt (offers a platform that merges Hadoop with traditional SQL databases). Plenty of analysts have voiced concerns about Hadoop's impact on Teradata's standard data warehousing solutions.
    • Teradata also has a 7% stake leading Hadoop distribution provider Hortonworks.
    | Dec. 17, 2014, 2:56 PM | 2 Comments
  • Sep. 10, 2014, 2:49 PM
    • CEO Meg Whitman says Hewlett-Packard (HPQ +0.5%) is again in a position to consider takeover options, a near-record cash pile gives it the means to do a deal and the worst sales forecast among computer hardware peers provides the motivation, so Bloomberg begins speculating about possible targets.
    • One possible candidate is cybersecurity firm Imperva (IMPV +8.2%), particularly in the wake if the hacking of J.P. Morgan, Home Depot and celebrities’ phones; “H-P could definitely buy them and it would make some sense," Sterne Agee's Robert Breza says.
    • Teradata (TDC -1.7%) has more of an “old-school” approach to big-data management but H-P could use it as a platform to make other acquisitions and build out its own offerings, HighMark Capital's Todd Lowenstein says.
    • Tibco Software (TIBX -0.1%) is now reviewing its strategic options, and Morningstar's Peter Wahlstrom thinks it could draw H-P's interest.
    | Sep. 10, 2014, 2:49 PM | 2 Comments
  • Sep. 3, 2014, 2:14 PM
    • Teradata (NYSE:TDC) has bought Think Big Analytics, a consulting/services firm focused on big data projects, including ones involving the Hadoop big data framework and the unstructured NoSQL database. Its customer list includes Intel, Facebook, EMC, NetApp, and the Nasdaq. No acquisition price has been disclosed.
    • News of the deal comes 6 weeks after Teradata announced it had bought the assets of Revelytix, a big data management software firm, and Hadapt, developer of a platform (along with related IP) that aims to fuse Hadoop with a traditional SQL database (meant to allow deeper analysis of Hadoop datasets).
    • The deals are arguably aimed at covering Teradata's flank: Plenty of analysts have raised alarm bells about the threat posed by Hadoop and NoSQL to Teradata's traditional data warehousing offerings, which rely on SQL databases. Teradata insists Hadoop is a growth opportunity rather than a competitive threat.
    | Sep. 3, 2014, 2:14 PM | Comment!
  • Dec. 4, 2013, 10:53 AM
    • Less than two months after cutting Teradata (TDC -5.3%) to Equal Weight, Morgan Stanley has downgraded the maker of data warehousing and business intelligence hardware/software to Underweight. The prior downgrade took place after Teradata issued a big Q3/2013 warning.
    • There have been concerns about the long-term impact the adoption of the increasingly popular Hadoop big data/analytics framework will have on Teradata's traditional warehousing solutions (though some argue it's only a minor threat), as well as about the growth seen by Amazon's Redshift warehousing service since its 2012 launch.
    | Dec. 4, 2013, 10:53 AM | Comment!
  • May 2, 2012, 10:33 AM
    Teradata (TDC) is acquiring eCircle, a top European cloud marketing software firm, for an undisclosed sum. Teradata, viewed by many as a big data play, plans to integrate eCircle's messaging solutions  with its own analytics and marketing management software. The deal comes as competition in the cloud marketing space intensified (I, II), and interest in applying advanced data mining techniques to marketing has grown.
    | May 2, 2012, 10:33 AM | Comment!
  • Oct. 5, 2011, 10:33 AM
    Needham's Richard Kugele and Susquehanna's Jeff Fidacaro think H-P's (HPQ +2.3%) buyout of Autonomy could be the first of many acquisitions, at least if it's serious about transforming into a software juggernaut. Fidacaro sees RHT, INFA, TIBX, and TDC as potential acquisition targets - H-P previously weighed bids for the latter two.
    | Oct. 5, 2011, 10:33 AM | Comment!
  • Aug. 19, 2011, 4:42 PM
    Before deciding to acquire Autonomy, H-P (HPQ) weighed making bids for data integration software firm Tibco (TIBX), and data warehousing solutions provider Teradata (TDC). Both companies could receive interest from other tech giants, given their ability to contribute to "big data" initiatives. Tibco has been the subject of takeover chatter for years.
    | Aug. 19, 2011, 4:42 PM | Comment!
Company Description
Teradata Corp is engaged in analytic data solutions, including integrated data warehousing, big data analytics & active intelligence. Its data warehousing solutions are software, hardware and related business consulting & support services.