Qlik Acquires Talend, Combining Its Best-In-Class Data Integration With Talend’S Leading Data Transformation, Quality, And Governance Capabilities
May 16, 2023•about 2 years ago
Acquiring Company
Qlik and Talend
Acquired Company
Qlik and Talend
Big DataSoftwareAnalyticsBig DataSoftwareAnalytics
Description
Qlik® today announced it has closed its acquisition of Talend, expanding the company’s best-in-class capabilities for modern enterprises to access, transform, trust, analyze, and take action with data.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed