As reported by iTWire, the two companies announced a definitive agreement on the deal in February, involving an all-cash purchase of Attunity shares at US$23.50 per share – an 18% premium on Attunity's closing price on 20 February (US$19.93 per share) and valuing the company at approximately US$560 million.
In an announcement on Tuesday after completion of the acquisition, Qlik said bringing together Attunity’s data integration solutions with the data management and cataloguing solutions of Qlik Data Catalyst provided customers a comprehensive enterprise data integration platform to transform their raw data into a governed, analytics-aware information resource.
“Attunity’s agile and real-time data integration capabilities give Qlik a unique platform that perfectly aligns with an enterprise’s DataOps and analytics strategy,” said Qlik chief executive Mike Capone.
“The ability to help customers better automate and manage the delivery of trusted data for insights will help them lead with data to solve their most challenging problems.”
Capone said that by combining Attunity with Qlik Data Catalyst, Qlik would deliver the platform customers needed to enable modern data architectures and DataOps for Analytics.
He said Attunity extended Qlik’s breadth of enterprise data integration capabilities through cross-platform data streaming and automated delivery of analytic ready data sets that directly supports the market shift to cloud and real-time analytics.
And, consistent with Qlik’s vision for the third generation of business intelligence, a modern data integration strategy created the foundation for an enterprise analytics strategy that was able to drive insights, improves decision-making and transforms organisations, Qlk noted.
“Being able to quickly and confidently analyse enterprise-ready data is central to identifying and driving growth opportunities for Pekin Insurance,” said John Croft, principal architect, Pekin Insurance.
“We’re thrilled to see Attunity and Qlik come together. The natural synergies between the products are significant, and together they will help us meet our current and future data integration and analytics needs.”
Qlik says it will ensure that Attunity products continue to support and integrate with all the market’s leading cloud, data, analytics and BI environments.
“The acquisition also builds on Qlik’s extensive partner ecosystem, and will pull in Attunity’s partner network to further expand Qlik’s go-to-market reach and strengthen its data lake management and cloud infrastructure partnerships, including Microsoft, Amazon AWS, Google, Cloudera and Snowflake,” Qlik said.