Announced
Financials
Tags
United States
software development
Software
Acquisition
Majority
Private
Domestic
Completed
Friendly
Single Bidder
Synopsis
Teradata, an American software company, completed the acquisition of Stemma Technologies, a software developer. Financial terms were not disclosed. “Stemma is helping redefine how enterprises find trustworthy data and providing a consistently up-to-date view of data anytime, anywhere. We are thrilled to welcome Stemma’s strong team of engineers and metadata experts to help advance Teradata’s product roadmap in data lineage, data governance and data compliance—all driving to greater self-serve analytics in the age of AI," Hillary Ashton, Teradata Chief Product Officer.
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