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Teradata sells marketing apps business for USD 90 mln

Tuesday 26 April 2016 | 10:21 CET | News
Teradata, a big data analytics and marketing applications company, has announced the sale of its marketing applications business to US-based Marlin Equity Partners for USD 90 million in cash. Teradata announced its intention to exit the marketing applications business back in November and has been negotiating with prospective buyers over the past few months. The transaction is subject to regulatory clearances and other adjustments and is expected to close in the second quarter, said Teradata in a statement, adding that it remains fully committed to ensuring the continued quality of service to

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Categories: General
Companies: Teradata
Countries: World
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