"Sources report that Cambridge-based Hadapt has been acquired by Teradata.Sources: Hadapt acquired by Teradata, will lead to more employees in Boston | BetaBoston
Word from those close to the deal is that the acquisition involves a combination of cash and stock worth $50 million.
Teradata, a big data/business analytics company headquartered in Ohio, has offices in San Diego and Georgia. From what I hear, Hadapt will remain in the Boston area, its team will stay intact, and it will become a “Teradata company”; but, of course those details can change."
Friday, July 18, 2014
Sources: Hadapt acquired by Teradata, will lead to more employees in Boston | BetaBoston
Smart move, if the "sources" are accurate; Hadapt otherwise had the potential to become a significant Teradata competitor