14 Muharram 1446 - 20 July 2024
Sign up for newsletter
Eye of Riyadh
Technology & IT | Wednesday 4 February, 2015 9:17 am |

Teradata Acquires RainStor

— Teradata Corp. (NYSE: TDC), the big data analytics and marketing applications company, today announced that it completed the acquisition of RainStor, a privately held company specializing in online big data archiving on Hadoop. This acquisition strengthens Teradata’s enterprise-grade Hadoop solutions and will enable organizations to add archival data store capabilities for their entire enterprise, including data stored in OLTP, data warehouses, and applications.
“The addition of RainStor underscores Teradata’s commitment to support customers as they transform their organizations into data-driven enterprises,” said Scott Gnau, president, Teradata Labs. “The new archival capability will help customers cost-effectively and efficiently address their data archiving requirements using Hadoop.”
It is Teradata’s fourth big data-related acquisition this year; the other acquired companies include Revelytix, Hadapt, and Think Big Analytics. The four acquisitions demonstrate Teradata’s focus on helping customers derive meaningful value from all of their data.
The acquisition of RainStor includes the assets, intellectual property, and the majority of RainStor employees and builds on an existing partnership between Teradata and RainStor. The patented RainStor technology is a powerful addition to Teradata’s already strong big data analytics portfolio. Teradata offers world-class technology, consulting, and support teams that assist customers to seamlessly manage data archives on Hadoop and other storage platforms within the Teradata® Unified Data Architecture™.
“The RainStor team is excited to add our talent and enterprise technologies to Teradata’s portfolio, which will help customers address the challenges of archiving big data,” said Anthony Brooks-Williams, vice president, RainStor Americas Sales and Services, Teradata. “We are delighted to join the big data market leader.”
The majority of RainStor employees will remain in San Francisco and Gloucester, U.K. RainStor will be integrated into Teradata’s operations, supporting the big data analytics business. RainStor customers that join the Teradata family of customers will receive full support. The terms of the acquisition were not disclosed, because they are not material to Teradata.
Post Your Comment