Merger and Acquisition #10: Teradata Corporation
The tenth potential take over target for the cash-rich big tech companies according to Bloomberg BusinessWeek is the $6.8 billion Teradata Corporation (NYSE:TDC). The technology company provide data mining solution to help enterprises retrieve meaningful information from data. HP ex-CEO Mark Hurd tried to take over the company and failed yet there is still chance that HP or Dell could buy Teradata.
Shares of Teradata Corporation have been doing well for the past two years rising from $12 in November of 2008 to $41 per share in November 2010 gaining 240% in just two years. The most recent quarterly report show strong third quarter result and promising outlook so this should definitely get the attention of the potential buyers.
Shares of Teradata Corporation have been doing well for the past two years rising from $12 in November of 2008 to $41 per share in November 2010 gaining 240% in just two years. The most recent quarterly report show strong third quarter result and promising outlook so this should definitely get the attention of the potential buyers.
posted by Stock Geek at
11:15 PM
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