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Qlik Acquires Talend, Combining Its Best-In-Class Data Integration With Talend’S Leading Data Transformation, Quality, And Governance Capabilities

May 16, 2023about 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.

Company Information

Company

Qlik and Talend

About

Qlik, with the recent addition of Talend, delivers an industry leading portfolio of solutions for data integration, data quality, and analytics. This includes advancements in real-time, AI, ML, and automation. The most successful organizations are investing in data to make sense of the increasing amounts and varieties of data from diverse sources. The challenge is to effectively integrate, analyze, and act on the data while ensuring its trustworthiness. With more than 40,000 active customers in over 100 countries, Qlik’s solutions work with any data source, target, architecture or methodology, to ensure customers have the data they need, whenever they need it. © 2023 QlikTech International AB. All rights reserved. All company and/or product names may be trade names, trademarks and/or registered trademarks of the respective owners with which they are associated. The information provided herein is subject to change without notice. In addition, the development, release and timing of any product or functionality described herein remain at the sole discretion of Qlik and should not be relied upon in making a purchasing decision, nor as a representation, warranty or commitment to deliver specific products or functionality in the future. Media Contact: Derek Lyonsderek.lyons@qlik.com617-658-5310

M&A Insights

Based on deal data
Integration 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