Since I’m on the board of Aster Data I will refrain from editorial on this announcement and simply say congratulations to Teradata on buying a great company and congratulations to Aster Data, its founders Mayank Bawa, Tasso Argyros, and George Candea, its investors, and its employees on what I view as a successful win/win outcome.
- Official press release
- TechCrunch coverage
- Aster blog viewpoint authored by Mayank Bawa and Tasso Argyros
- GigaOm coverage
- ZDnet article on big data consolidation
- WSJ coverage which correctly notes that $263M is for the 89% that Teradata doesn’t already own, implying a $295M valuation ($263M/0.89) before other adjustments (e.g., cash)