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Qlik today announces that it intends to take over Attunity. It is worth $560 million (€493.9 million). The acquisition should be completed in the second quarter of this year and should increase Qliet’s share in the lucrative data management market.

Recently, Qlik has invested heavily in the data management market. To this end, it took over Podium Data, for example, last year. Whereas Qlik used to have a lot of focus on business intelligence, with which it could help companies to analyse their data properly, it is increasingly expanding to also take care of data management.

Increase share

Today’s acquisition will help Qlik in its efforts to acquire a large share of that market. The company not only wants to offer the analyses, but also to help companies to prepare all the data they have for those analyses. This is often a more time-consuming task than the analysis itself, so by combining the offer, Qlik can put together an attractive portfolio.

Attunity has a range of different products on offer that help companies move archives from business systems to analytical applications. The main product of Attunity is Replicate, a platform that is available in several editions. The most important of these is aimed at transferring data to cloud environments. Replicate automates that process as much as possible. Also striking about Replicate: it keeps an eye on the original system. Replicate will transfer any changes to the copy that has been made for analytical purposes.

Attunity also offers products that help with other aspects of data management. One of these is Compose, which helps to remove incorrect records. Visibility also helps to monitor the costs and use of different analytical systems. Not only does Qlik take over all these products, it also attracts a lot of customers. Attunity provides its services to more than 2,000 organizations worldwide, including 50 Fortune 100 companies.

This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.