Teradata, long been operating as an independent business unit of NCR is going to be spun off and would go public in Q3 2007. Based on available information, Teradata’s annual revenues of $1.6 billion will make it amongst the top 10 software companies and also the largest amongst the BI players.
There is intense speculation that it could be acquired even earlier, with HP being talked as one of the contenders. HP’s Mark Hurd has run Teradata for several years, and given his deep knowledge of the business and coupled with HP’s intent to become a serious player in the enterprise software market, this makes it a great fit.Another contender could be IBM. It is not that Teradata cannot grow as an independent entity; rather as an independent entity it could grow faster (and hence the spin off), but given the kind of consolidation moves that’s going on in the industry, Teradata being acquired cannot be ruled out.
Powered by Qumana