SEG Sector Deals: Teradata Acquired Local Start-Up

Teradata, provider of analytics data solutions, acquired San Diego-based StackIQ, provider of a multi-server management system. StackIQ’s server automation platform will enable Teradata to offer accelerated software deployment, reducing software installation and update delivery times on premise and in the cloud. 

StackIQ has previously raised $12.47M in private equity investments from Anthem Venture Partners, Avalon Ventures, DLA Group, Grayhawk Capital, and Keshif Ventures.

Seller Business Descriptions:

StackIQ, develops and markets a server automation platform for information technology infrastructure needs. HQ: Solana Beach, CA See Press Release.

Buyer Business Description:

Teradata provides analytics data solutions and related services. HQ: Dayton, OH