Jul 25, 2023 | SAN DIEGO

Teradata (NYSE: TDC) at this time introduced that it has acquired Stemma Applied sciences (“Stemma”), a cloud-native, absolutely managed, information catalog answer. Based in 2020, Stemma is acknowledged for its innovation and adept use of AI and machine studying that helps customers uncover, belief, and use their information and metadata extra successfully.

Hillary Ashton, Teradata’s Chief Product Officer, stated “Stemma helps redefine how enterprises discover reliable information and offering a constantly up-to-date view of information anytime, anyplace. With a give attention to AI-enhanced information search and exploration, we anticipate Stemma to broaden Teradata’s capability to supply transformative analytics worth from discovery by supply. Stemma’s automated information catalog capabilities will assist Teradata ship an enhanced consumer expertise designed to speed up development within the flourishing space of AI and ML analytics. We’re thrilled to welcome Stemma’s robust staff of engineers and metadata specialists to assist advance Teradata’s product roadmap in information lineage, information governance and information compliance—all driving to better self-serve analytics within the age of AI.”

Stemma’s answer was engineered to supply high-grade safety, enhanced ease of use information search capabilities, and automatic information intelligence. With 20 built-in information connectors, Stemma’s strong information catalog answer will strengthen Teradata’s information cloth and speed up the analytic productiveness of the Vantage platform.

The phrases of the transaction weren’t disclosed.

Ahead-Trying Statements

This launch comprises forward-looking statements inside the that means of Part 21E of the Securities and Alternate Act of 1934. Ahead-looking statements usually relate to opinions, beliefs, and projections of anticipated future monetary and working efficiency, enterprise traits, liquidity, and market situations, amongst different issues. These forward-looking statements are based mostly upon present expectations and assumptions and sometimes will be recognized by phrases corresponding to “anticipate,” “try,” “trying forward,” “outlook,” “steerage,” “forecast,” “anticipate,” “proceed,” “plan,” “estimate,” “imagine,” “will,” “would,” “probably,” “intend,” “potential,” or related expressions. Among the forward-looking statements on this launch about Teradata’s acquisition of Stemma embrace Teradata’s expectations for enhancements to information catalog capabilities on the Teradata Vantage platform.  Ahead-looking statements contain dangers and uncertainties that would trigger precise outcomes to vary materially from these projected or implied. The next are a few of the components identified to Teradata that would trigger precise outcomes to vary materially from what Teradata has anticipated in its forward-looking statements: the failure by Teradata to realize synergies anticipated from the acquisition or delays within the realization thereof; delays and challenges in integrating the enterprise; enterprise disruption following the acquisition; lack of key personnel; unanticipated liabilities or exposures for which Teradata has not been indemnified or could not get better; unanticipated infringement of mental property rights of others related to the rights acquired within the acquisition; normal hostile enterprise, financial or aggressive situations; and different components described occasionally in Teradata’s filings with the U.S. Securities and Alternate Fee, together with its most up-to-date annual report on Kind 10-Okay, and subsequent quarterly reviews on Kinds 10-Q or present reviews on Kinds 8-Okay, in addition to Teradata’s annual report back to stockholders. Teradata doesn’t undertake any obligation to publicly replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case, besides as required by legislation.