Qlik acquires Talend

Qlik has announced its acquisition of Talend, with the combined entity set to be led by CEO Mike Capone.

“Qlik, together with Talend, will bring significant benefits to customers, including expanded product offerings, enhanced support and services, and increased investments in innovation and R&D,” Capone said.

“Qlik’s broad expertise in data integration, analytics, AI and machine learning, combined with Talend’s data integration and data quality solutions, will provide customers the most comprehensive solution in the industry.”

As data fragmentation, driven by thousands of sources and targets, has increased, organisations have had to choose from incomplete legacy solutions, cloud lock-in or multiple disparate point solutions — all of which come with cost and innovation risks. Qlik said the acquisition brings a new approach, offering a full range capabilities, helping customers eliminate technical debt and cost while increasing enterprise confidence that trusted data is available for decision-making when it matters most.

“This is a perfect example of 1 + 1 equals 3. These are two market-leading companies that will enable their customers to benefit across the data and analytics lifecycle regardless of where they are in their digital transformation journey,” said Mike Leone, Principal Analyst for Analytics and AI, Enterprise Strategy Group.

“So many data initiatives are seeking to build trust within the data ecosystem, and it’s not just the data. It’s the processes and people too. I’m truly excited for their joint customers. By marrying Qlik’s existing presence in the data integration space with Talend, customers will see more robust data integration capabilities and powerful data governance to deliver the confidence and trust they desire.”

Image credit: iStock.com/Parradee Kietsirikul