Thursday, March 3, 2011

Aster Data Acquired By Teradata

San Carlos-based Aster Data, a developer of analytics software, has been acquired by Teradata Corporation. Teradata said it would pay $263M for the remaining ownership interest in Aster Data, minus approximately $21M in cash on hand on Aster Data's balance sheet. Teradata already owned 11 percent of Aster Data. Aster Data is venture backed by Sequoia Capital, Institutional Venture Partners, JAFCO Ventures, Cambrian Ventures, First Round Capital, David Cheriton, Rajeev Motwani, and Ron Conway. The firm had raised somewhere around $57M in funding.