Teradata Acquires Aster Data Systems, Mad Catz Picks Up V Max Technology, & More San Diego Area BizTech News
San Diego’s analytics software cluster pulled another company into its orbit with Teradata’s acquisition of Silicon Valley’s Aster Data Systems. We have that and the rest of San Diego’s biztech news wrapped up here.
—Teradata, based in Dayton, OH, acquired San Carlos, CA-based Aster Data Systems for $263 million. The deal combines Teradata’s expertise in relational data mining with Aster Data’s non-relational data mining technology. Teradata plans to fold Aster Data into its San Diego-based engineering development organization.
—San Diego scientific software developer Accelrys introduced several new products last week, which are intended to build on its $175 million merger last year with Santa Clara, CA-based Symyx Technologies. Accelrys CEO Max Carnecchia told me “a series of individual islands of capabilities have now been brought together into a true platform.”
—San Diego’s Bump.com is headed to Austin, TX, at the end of the week for the SXSW (South by Southwest) Interactive Festival, where the startup plans to officially launch the Bump social network. Founding CEO Mitch Thrower told me he started Bump.com with a vision of creating a communications platform that can send voice, text, and e-mail messages to motorists in the Bump network—by simply scanning an image of their license plates.
—EcoATM, the San Diego startup developing an automated kiosk for recycling electronic device, was one of six startups that received “Demo-god” awards at last week’s Demo Spring 2011 conference in Palm Desert. EcoATM is ready to launch production of its “eCycling Station,” which uses advanced machine vision technology to identify and value devices and includes an ATM-like cash dispenser for immediate payment of recycled devices.
—San Diego’s EDSA, which specializes in software analytics for complex electrical power systems, changed its name to Power Analytics Corp.
—Mad Catz Interactive (AMEX: MCZ), a San Diego maker of video game accessories and related equipment, acquired flight simulation software and related assets from privately owned V Max Simulation. The deal was valued at a total of $638,000 in cash and shares of Mad Catz stock, not including incentive payments to V Max president David Kinney.
—Rockstar San Diego, the Carlsbad, CA-based subsidiary of Rockstar Games, won the Game of the Year award at the Game Developer’s Choice Awards for “Red Dead Redemption,” about a one-time Wild West outlaw who is forced to return to his outlaw life. Nearly 300 games released in 2010 were nominated for the award.