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Teradata plans move to Austin Pike interchange area

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By Tim Tresslar, Staff Writer Updated 3:38 PM Friday, March 19, 2010

MIAMI TWP., Mongtomery County — Teradata Corp. plans to move its headquarters and 400 employees to a new building in Austin Landing, near the Austin Pike interchange by the end of this year, said Bruce Langos, the company’s chief operations officer on Friday, March 19.

The company will consolidate its current operations in the township and its 60-employee Sugar Camp operations in Oakwood into a single building in the Innovation Point section of Austin Landing, Langos said.

Teradata executives sought the move because they wanted a building that allowed them to put all their local operations under one roof while also giving them room for future expansion, Langos said.

Teradata will lease the proposed 60,000-square-foot building from R.G. Properties, a company that owns or controls hundreds of acres around the Austin Pike interchange.

Langos said the lease is “long term,” but declined to specify the number of years it is for.

The company moved into its current building at 2835 Miami Village Drive, located in the The Exchange at Spring Valley development, about two years ago, Langos said. In order to stay there, Teradata would have needed to lease a second building, he said.

Of the move to Innovation Point, he said, “It economically made sense for us and it accomplished all the goals, that’s why we decided to move forward. We’re world headquartered in Dayton and we plan on staying in Dayton.”

The company had $1.7 billion in revenue in fiscal 2009. In addition to the Dayton area, Teradata also has domestic offices in San Diego and Atlanta. It also maintains offices throughout the Americas, Europe, Middle East, Africa and the Asia-Pacific region.

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