Qlik completes purchase of Talend, boosts integration suite
Qlik on Tuesday completed its acquisition of Talend, adding new capabilities to the longtime analytics vendor’s growing data integration platform.
Qlik, founded 30 years ago, was an analytics specialist for most of its first 25 years. Over the last five, however, it has built up a data integration platform with a combination of acquisitions and product development.
Talend, meanwhile, specializes in data transformation and data quality, offering a platform that enables users to unify data culled from various sources.
Both Qlik and Talend are backed by Thoma Bravo, a private equity firm with more than $114 billion in assets. Qlik, however, is in the process of regaining full independence, having filed paperwork to begin the process of conducting an initial public stock offering.
Market conditions have not been favorable for IPOs over the past year, however. Qlik — along with numerous other data management and analytics vendors i …