Tuesday, February 1, 2011

Teradata completes $525M acquisition of Indy firm


Miami Twp.-based Teradata said Monday it has completed its acquisition of Aprimo, a company focused on cloud-based marketing software.
Last month, Teradata said it had agreed to acquire the Indianapolis-based company for $525 million.
The acquisition of privately held Aprimo is Teradata’s largest acquisition since becoming independent of former parent NCR Corp. in 2007.
Bruce Langos, Teradata chief operations officer, told the Dayton Daily News last month that about 400 new employees would join the company once the acquisition was complete. He did not know then if any employees would move to Teradata’s local headquarters, near the Austin Boulevard interchange with Interstate 75.
Teradata, which calls itself “the world’s largest company solely focused on data warehousing and enterprise analytics,” has about 400 Dayton-area employees.
Aprimo offers computing services and marketing software and counts more than 35 Fortune 100 companies as customers.

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