In a recent release, Syncsort, a provider of so-called Big Iron to Big Data IoT solutions, having been backed by Clearlake Capital Group, has announced that it has signed a definitive agreement with Harte Hanks to acquire Trillium Software, a global provider of data quality solutions.
The acquisition of Trillium will be the largest in Syncsort’s history, and brings together market-leading data quality and data integration technology to deliver value at scale in demanding enterprise environments. The transaction is subject to regulatory approvals and other customary closing conditions.
The combination of Syncsort and Trillium’s complementary product set will enable enterprise customers to better harness valuable data assets for greater business insights, the companies said, applying high-performance and scalable data movement, transformation, profiling and quality across traditional data management technology stacks and emerging Hadoop and cloud environments.
“With most large enterprises making significant investments in Big Data for business and operational analytics, core data integration and data quality workloads are moving into Hadoop at a rapid pace,” said Josh Rogers, CEO, Syncsort. “As a pioneer in bringing high-performance data integration software to the Hadoop ecosystem, Syncsort sees an opportunity to extend our unique value with Trillium's proven, best-of-breed data quality products. Together, we are a clear leader in the data integration and data quality market, and the logical choice for large enterprises seeking to chart a path to Hadoop. We look forward to working closely with Trillium's customers and investing in the great products they have come to rely on.”
Syncsort and Trillium both have a substantial number of large enterprise customers seeking to generate new insights by combining traditional corporate data with new information sources from mobile, online, social and Internet of Things.
“Syncsort has long been a recognized leader in data integration software, and we are excited to partner with Josh and the management team to expand Syncsort's product portfolio to include data quality,” said Behdad Eghbali and Prashant Mehrotra, Clearlake. “Combining Syncsort and Trillium creates a leading data integration and data quality software provider of significant scale and further establishes the Company as a platform for accelerated organic and acquisition-based growth. With this acquisition, Syncsort continues to be well-positioned to address the significant market trends around Big Data and to support the needs of our customers.”
Edited by
Maurice Nagle