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Qlik to acquire Attunity for nearly $560 mn
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SME Times News Bureau | 23 Feb, 2019
To expand its enterprise data
management solutions and enable real-time analytics, US-based data
analytics and business intelligence platform Qlik on Friday announced
that it is acquiring Boston-based software solutions provider Attunity
for nearly $560 million.
Attunity provides data integration and
big data management software solutions that enable availability,
delivery and management of data across heterogeneous enterprise
platforms, organisations and the Cloud.
With Attunity, Qlik
would be able to provide customers enterprise data management solutions
to transform their raw data into a governed, analytics-aware information
resource, the company said in a statement.
"Attunity's strength
in real-time data delivery across complex cloud environments will
uniquely position Qlik to help customers lead with data and align their
enterprise analytics strategy," said Mike Capone, CEO, Qlik.
Building
on Qlik's extensive partner ecosystem, this acquisition will pull in
Attunity's partner network, further expanding Qlik's go-to-market reach
and strengthening its data lake management and cloud infrastructure
partnerships, including Microsoft, Amazon AWS, Cloudera and Snowflake,
the company added.
"We believe the transaction is in the best
interest of Attunity's stakeholders and provides Attunity with
additional awareness and scale to execute our strategic plans," said
Shimon Alon, Chairman and CEO, Attunity.
The agreement was unanimously approved by the board of directors of both the companies.
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