The company, which employs nearly 450 people locally and 6,000 worldwide, isn’t staying still.
“I look at this very positively,” Bruce Langos, Teradata chief operating officer, said in an interview in the company’s new Austin Landing corporate base.
The IT functions have been brought to that base because that’s where Teradata’s core IT functions are, Langos said. The positions — 43 in total, with 10 still left to fill — are permanent and tied to the company’s overall business growth.
To fill those positions, Teradata is hiring recent graduates of the University of Dayton, Wright State University and Sinclair Community College, as well as more experienced IT veterans.
Said Langos, “We’ve gotten some great new employees.”
The hiring has nothing to do with the recent acquisitions. In late December, the company announced a $525 million acquisition of a marketing software and cloud computing services firm Aprimo. And this week, Teradata announced its plan to acquire Aster Data Systems Inc. for a net $263 million, a step into the “big data” market of databases, video, search logs and more — areas that need new methods of analysis.
The acquisition of Aster will help Teradata pull in new customers in e-commerce, social networking and gaming, Derrick Wood, an analyst for Susquehanna Financial Group, said in a note to clients this week.
“The company had a great 2010,” Wood said.
All of these acquisitions are meant to be immediately “accretive” — good for shareholder value and the bottom line, Langos said.
“We’re not on an acquisition binge,” he said, echoing earlier comments by Mike Koehler, Teradata chief executive.
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