Qlik to Acquire Attunity, for $560M

qlikQlik, a Philadelphia, PA-based data analytics company, acquired Attunity Ltd. (NasdaqCM: ATTU), a Burlington, MA–based provider of data integration and big data management software solutions.

Under the terms of the deal, Qlik will acquire all outstanding ordinary shares of Attunity for a total value of approximately $560m.

Building on Qlik’s recent acquisition of Podium Data and the introduction of Qlik Data Catalyst, Attunity provides cross-platform data streaming capabilities to support a shift to cloud and real-time analytics. Th acquisition allows Qlik to provide expanded enterprise data management capabilities and add an experienced team of data professionals. It will also 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.

Shimon Alon, Chairman and CEO, Attunity is a provider of data integration and big data management software solutions that enable availability, delivery and management of data across heterogeneous enterprise platforms, organizations and the cloud. The company’s software solutions include data replication and distribution, test data management, change data capture (CDC), data connectivity, enterprise file replication (EFR), managed file transfer (MFT), data warehouse automation, data usage analytics and cloud data delivery.
It provides software directly and indirectly through various partners such as Microsoft, Oracle, IBM and Hewlett Packard Enterprise. Attunity serves its customers via offices in North America, Europe, and Asia Pacific and through a network of local partners.

Led by Mike Capone, CEO, Qlik provides an end-to-end data management and analytics platform that brings together all of an organization’s data from any source, enabling people at any skill level to uncover new insights. Companies use it to see more deeply into customer behavior, reinvent business processes, discover new revenue streams, and balance risk and reward.
The company does business in more than 100 countries and serves over 48,000 customers around the world.

FinSMEs

21/02/2019

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