Informatica Corporation, a provider of data integration software, has acquired Siperian, a vendor in the master data management (MDM) infrastructure technology category. Informatica will acquire Siperian, on a fully diluted basis, for approximately $130 million in cash.
MDM provides a holistic, single view of foundational business entities, commonly referred to as master data such as customers, employees, citizens, locations and products. The new MDM infrastructure category expands Informatica's addressable market. The existing product integration and unified architecture, based on the common Informatica identity resolution technology, will facilitate cross-sell opportunities for Informatica data integration and data quality products. The combination of Siperian products and the comprehensive Informatica platform is expected to deliver even more differentiated value to customers such as use of Informatica B2B Data Exchange to share master data across the supply chain partner network.
"Our acquisition of Siperian will expand Informatica's addressable market with an additional high-growth, adjacent technology category, MDM infrastructure, and will further strengthen our key strategic partnerships," states Sohaib Abbasi, chairman and CEO, Informatica. "Informatica data integration and data quality have a proven track record of enabling successful MDM projects. Together, we will advance Informatica as a leader in this exciting MDM Infrastructure category."
Siperian offers three well-differentiated and proven capabilities, according to Informatica. Siperian delivers a multidomain MDM platform to optimize business decisions across multiple entities or considerations. With easy-to-configure capabilities, Siperian expedites time-to-results. And, with built-in ratings metrics for trustworthiness, business stakeholders have greater confidence in their master data.
"Siperian is a recognized leader and provides the only market-proven, multidomain MDM platform," adds Peter Caswell, CEO, Siperian. "In combination with Informatica, we are more strongly positioned to deliver a complete range of data integration and data management solutions to empower today's data-driven enterprises."
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