Qlik announced it has closed its acquisition of Talend, expanding the company’s capabilities for modern enterprises to access, transform, trust, analyze, and act with data.
“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,” said Mike Capone, CEO. “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.”
The combined entity is led by Capone, completing the latest chapter in the company’s strategic vision to deliver best-in-class data integration, data quality, and analytics solutions, according to the vendor.
Qlik and Talend solutions are complementary, extending the capabilities in many vital areas such as data quality, transformation, application connectivity, and API services. Importantly, Qlik will continue to remain open to virtually any data source, target, architecture, or methodology, ensuring customers always have the data they need, whenever they need it.
As data fragmentation, driven by thousands of sources and targets, has increased, organizations 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.
With Talend, Qlik brings a new approach, offering a full range of best-in-class capabilities, helping customers eliminate technical debt and cost while increasing enterprise confidence that trusted data is available for decision making when it matters most.
The combined entity has earned leading positions across multiple market categories, according to Talend and Qlik.
For more information about this news, visit www.qlik.com or www.talend.com.