The company was formed in 1979 in Brentwood, California, as a collaboration between researchers at Caltech and Citibank's advanced technology group.
[10][11] The company reported $1.836 billion in revenue, a net income of $129 million, and 8,535 employees globally, as of February 9, 2020.
[13] In 1979, the company was incorporated in Brentwood, California by Jack E. Shemer, Philip M. Neches, Walter E. Muir, Jerold R. Modes, William P. Worth, Carroll Reed and David Hartke.
[27] On May 7, 2020, Teradata announced the appointment of Steve McMillan as president and chief executive officer, effective June 8, 2020[28] In December 2024, Teradata successfully appealed a California federal judge's decision in favor of SAP SE in a case involving allegations of trade secret misappropriation and antitrust violations.
The lawsuit accused SAP of using Teradata's trade secrets to address technical issues in its software and of violating antitrust laws by bundling products and requiring customers to purchase them together.
In March 2008, Teradata acquired professional services company Claraview, which previously had spun out software provider Clarabridge.
[30] Teradata acquired column-oriented DBMS vendor Kickfire in August 2010,[31][32] followed by the marketing software company Aprimo for about $550 million in December.
[35][36] Teradata acquired Software-as-a-service digital marketing company eCircle in May 2012, which was merged into the Aprimo business.
[37] In 2014, Teradata acquired the assets of Revelytix, a provider of information management products and for a reported $50 million.
[41] In December, Teradata acquired RainStor, a company specializing in online data archiving on Hadoop.
[48] Teradata acquired Big Data Partnership, a service company based in the UK, on July 21, 2016.
[51] In September 2016, the company launched Teradata Everywhere, which allows users to submit queries against public and private databases.
[63] In October 2018, Teradata started calling the cloud analytics software product line Vantage.