Ireland is about $55 million richer today after Informatica announced that it will buy Dublin-based Similarity Systems for that price tag. Similarity is a data quality software company who itself recently (July 2005) purchased Evoke software from CSI.
Yes, indeed -- it has been a busy year already for acquisitions. Consolidations seem to be the name of the game for many BI software companies. This has been the prediction for quite a while -- nice to see some predictions are actually pretty accurate.
Regarding the Informatica purchase, Sohaib Abbasi, chairman and CEO of Informatica says, “Data quality is ranked by our customers as one of their top challenges within their broader data integration projects, such as legacy migration, application consolidation and data hubs. Combining the innovative technology from Similarity Systems with PowerCenter, we will offer distinctive total data quality management to our customers as an integral part of the Informatica enterprise data integration platform.â€
So I guess the question remains -- how will the last remaining independent data quality vendors respond to this news? They are running out of independent ETL vendors to partner with, seems like to me.
Your thoughts?
Yours in BI success.
Claudia
Posted January 26, 2006 3:46 PM
Permalink | 1 Comment |
Seems to me current dq partner FirstLogic is not immediately threatened as it is much stronger then Similarity on US postal address cleansing while the other dq partner Trillium will face strong competition from the acquisition.
Since Similarity may end their recent partnership with ELT tool Sunopsis there may be a good match now between Trillium and Sunopsis.