The deal is designed to improve Qlik’s analytics solutions suite with Attunity’s data integration offerings.
Swedish data analytics company Qlik has acquired data management software provider Attunity for $560 million.
The deal follows on from Qlik’s acquisition of Podium Data in 2018. The integration of Podium Data’s data preparation, quality, and catalog features broadened Qlik’s software solutions. Attunity data integration and data management solutions will further improve Qlik’s analytics solutions.
“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, Qlik CEO. “Attunity has demonstrated strong growth in a large market and together we’re better positioned to serve our enterprise customers along with our partner ecosystem to solve the most challenging data problems.”
While Qlik is not as well-known as other enterprise business intelligence platforms, like Microsoft, IBM, and SAP, it ranks highly in both Forrester Wave Enterprise BI Platform and Gartner’s Analytics and Business Intelligence Platforms reports. It is a leader in both, alongside IBM and MicroStrategy in Forrester’s and Microsoft and Tableau in Gartner’s.
The Attunity acquisition is an investment in predictive analytics and artificial intelligence as the future of Qlik. Data management allows customers to turn raw data in multiple formats into single format usable analytical information.
“We are excited to be joining Qlik, combining our data integration and big data management capabilities with the analytics leader to accelerate our success,” said Shimon Alon, Chairman and CEO of Attunity. “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 as we continue to provide our customers with the premier products and services they have come to expect.”