Qlik procured all outstanding standard shares of Attunity for an all out estimation of around $560 million. The acquisition was finished May 6, 2019.
Qlik has declared the closing of its acquisition of Attunity Ltd. The deal unites the leading supplier of data integration and big data solutions with the market’s driving analytics and BI platform, boosting enterprise ability to transform raw data into shared insights over the association through real-time analytics.
In an aggressive situation where trusted, real-time enterprise data is significant to progress, associations are searching for a more holistic and agile way to deal with data integration and analytics. Uniting Attunity’s data integration solutions with the data the executives and inventoriing solutions of Qlik Data Catalyst, Qlik now gives clients a complete enterprise data integration platform to change their crude data into an administered, analytics-mindful data asset. This platform empowers the development of data in real time over different cloud environments and data lakes, which when joined with prescient analytics and man-made consciousness, scales real-time experiences all through a whole association.
“Attunity’s agile and real-time data integration abilities give Qlik a novel platform that splendidly lines up with an enterprise’s DataOps and analytics strategy,” said Mike Capone, Qlik CEO. “The ability to enable clients to more readily computerize and deal with the conveyance of believed data for experiences will enable them to lead with data to take care of their most challenging issues.”
By consolidating Attunity with Qlik Data Catalyst, Qlik will convey the platform clients need to empower current data architectures and DataOps for Analytics. Attunity broadens Qlik’s expansiveness of enterprise data integration capacities through cross-platform data streaming of analytic ready data sets that straightforwardly underpins the market move to cloud and real-time analytics. Reliable with Qlik’s vision for the third gen of business intelligence, a cutting edge data integration strategy makes the establishment for an enterprise analytics strategy that drives insights, improves decision-making and changes associations.
“Having the capacity to rapidly and unquestionably investigate enterprise-ready data is fundamental to recognizing and driving development opportunities for PekinInsurance,” said John Croft, Principal Architect, Pekin Insurance. “We’re excited to see Attunity and Qlik meet up. The natural synergies between the products are noteworthy, and together they will enable us to meet our present and future data integration and analytics needs.”
Qlik will guarantee that Attunity items proceed to help and incorporate with all the market’s driving cloud, data, analytics and BI environments. The acquisition likewise expands on Qlik’s broad accomplice biological system, and will destroy in Attunity’s partner network to additionally extend Qlik’s go-to-showcase reach and fortify its data lake the executives and cloud foundation organizations, including Microsoft, Amazon AWS, Google, Cloudera and Snowflake.
Qlik procured all outstanding standard shares of Attunity for an all out estimation of around $560 million. The acquisition was finished May 6, 2019, after the delightful of all the end conditions set forth in the merger understanding, receipt of every single antitrust endorsement and clearances, and the lapse of the obligatory 30-day holding up period following the shareholder endorsement on April 7, 2019 as per Israeli law. Attunity shareholders will get US$23.50 per share in cash, without interest and less any relevant retention charges, for every conventional offer of Attunity possessed promptly before the successful time of the acquisition.