HITS
Teradata: StackIQ Acquisition to Strengthen Teradata Everywhere, IntelliCloud Capabilities
Story Highlights
To help boost on-premises and hybrid offerings for its customers, data and analytics firm Teradata has acquired San Diego-based start-up StackIQ, which specializes in cloud and analytics software solutions tied to data center servers.
Teradata sees the addition of StackIQ’s open-source tech assets benefiting its Teradata Everywhere solution, which gives customers the ability to deploy Teradata solutions across on-premises and hybrid cloud environments.
“Teradata prides itself on building and investing in solutions that make life easier for our customers,” said Oliver Ratzesberger, EVP and chief product officer for Teradata. “Only the best, most innovative and applicable technology is added to our ecosystem, and StackIQ delivers with products that excel in their field. Adding StackIQ technology to IntelliFlex, IntelliBase and IntelliCloud will strengthen our capabilities and enable Teradata to redefine how systems are deployed and managed globally.”
The acquisition will also see StackIQ’s engineers joining Teradata’s research and development team, furthering Teradata’s focus on automating software deployment for engineering, operations, and end-user customer ecosystems.
“Our incredibly high standards also apply to the people we hire,” Ratzesberger added. “As Teradata continues to expand its engineering (R&D) skills to drive ongoing technology innovation, we are seeking qualified, talented individuals to join our team. Once again, StackIQ has set the bar with stellar engineers who we are honored to now call Teradata employees.”
Tim McIntire, co-founder at StackIQ, added: “Joining Teradata, the market leader in analytic data solutions, truly validates the importance of StackIQ’s engineering and the talent we have cultivated over the years. We are looking forward to bringing a bit of San Diego’s start-up culture to Teradata, and working together to simplify Teradata’s customer experience for system software deployment and upgrades.”
teradata.com.
