Teradata, the data and analytics company has announced the acquisition of StackIQ which has managed the deployment of cloud and analytics software at millions of servers in data centers around the globe.
The deal will leverage StackIQ’s expertise in open source software and large cluster provisioning to simplify and automate the deployment of Teradata Everywhere thereby offering customers the speed and flexibility to deploy Teradata solutions across hybrid cloud environments.
In addition to technology assets, the acquisition also includes StackIQ’s talented team of engineers, who will join Teradata’s R&D organization to help accelerate the company’s ability to automate software deployment in operations, engineering and end-user customer ecosystems.
“Teradata prides itself on building and investing in solutions that make life easier for our customers,” said Oliver Ratzesberger, Executive Vice President and Chief Product Officer, Teradata.
“Adding StackIQ technology to IntelliFlex, IntelliBase and IntelliCloud will strengthen our capabilities and enable Teradata to redefine how systems are deployed and managed globally,” added Ratzesberger.
Under terms of the deal, Teradata will now own StackIQ’s unique IP that automates and accelerates software deployment across large clusters of servers (both physical and virtual/in the cloud). This increase in automation will occur across all Teradata Everywhere deployments, dramatically reducing build and delivery times for complex business analytics solutions and adding the capability to manage software-only “appliances” across hybrid cloud infrastructure.
Tim McIntire, Co-Founder, StackIQ said, “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.”
The terms of the acquisition agreement were not disclosed.
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