NCR (NCR) to Spinoff Data Warehousing unit

NCR will be spinning it's data warehouse division, Terradata.

NCR, which manufactures a range of products including ATM machines and bar code scanners, said the move should be tax-free and will help each company better focus on their own individual customer base and business strategies.
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In 2005, Teradata generated $1.5 billion in revenue and $309 million in operating income, NCR said.
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..is expected to be completed in 6 to 9 months..

Another article adds..

NCR's total revenue fell 2% to $4.55 billion in 2005.

Check out NCR on yahoo here.

The SEC filing on the spinoff is here.

From the SEC filing:

Following the spin off, Bill Nuti will continue to serve as president and CEO of NCR, and Mike Koehler, currently senior vice president of the Teradata Division, will serve as president and CEO of Teradata.


Wikipedia has a lot on teradata here.

A few things from Wikipedia:

The largest and most prominent customer of this DBMS is Wal-Mart, which runs its central inventory and other financial systems on Teradata. Wal-Mart's Teradata Data Warehouse is generally regarded by the DBS industry as being the largest data warehouse in the world


The company has quite a bit of coverage on it's internal website here.