Qlik closes $560m acquisition of data management firm Attunity
Qlik has officially completed its US$560 million acquisition of Attunity, aligning data integration, big data management, analytics and business intelligence all under a single provider.
Qlik says it will make sure that Attunity products continue to support and integrate with all the market's leading cloud, data, analytics and business intelligence environments.
The acquisition also builds on Qlik's extensive partner ecosystem, and it will pull in Attunity's partner network to further expand Qlik's go-to-market reach and strengthen its data lake management and cloud infrastructure partnerships, including Microsoft, Amazon AWS, Google, Cloudera and Snowflake.
According to Qlik, organisations are looking for a holistic and agile approach to data integration and analytics, particularly in a competitive environment where trusted, real-time data is crucial for success.
The company says the integration between Qlik and Attunity products will provide customers a comprehensive enterprise data integration platform to transform their raw data into a governed, analytics-aware information resource.
The company adds that the platform enables the movement of data in real time across multiple cloud environments and data lakes, which when combined with predictive analytics and artificial intelligence, scales real-time insights throughout an entire organisation.
This platform enables the movement of data in real time across multiple cloud environments and data lakes, which when combined with predictive analytics and artificial intelligence, scales real-time insights throughout an entire organisation.
“Attunity's agile and real-time data integration capabilities give Qlik a unique platform that perfectly aligns with an enterprise's DataOps and analytics strategy,” says Qlik CEO Mike Capone.
“The ability to help customers better automate and manage the delivery of trusted data for insights will help them lead with data to solve their most challenging problems.
The company goes on to say that by combining Attunity with Qlik Data Catalyst, Qlik will deliver the platform customers need to enable modern data architectures and DataOps for Analytics.
Attunity extends Qlik's breadth of enterprise data integration capabilities through cross-platform data streaming and automated delivery of analytic ready data sets that directly supports the market shift to cloud and real-time analytics.
Consistent with Qlik's vision for the 3rd generation of business intelligence, a modern data integration strategy creates the foundation for an enterprise analytics strategy that drives insights, improves decision-making and transforms organisations.
Attunity shareholders will receive US$23.50 per share in cash, without interest and less any applicable withholding taxes, for each ordinary share of Attunity owned immediately prior to the effective time of the acquisition.