Talend Acquires All Rights to the MDM Technology of Amalto Technologies
Originally published September 29, 2009
Talend, a provider in open source data integration software, recently announced it has acquired all rights to the master data management (MDM) technology of Amalto Technologies. As a result of this acquisition, Talend will be the first company to offer an open source MDM solution, providing organizations with the exact features and benefits found in proprietary MDM solutions, at a fraction of the cost.
Organizations of all sizes need to ensure that they have “a single version of the truth” in order to have a trusted and unified view of the data on their customers, partners and employees. Unfortunately, MDM continues to be beyond the reach of most organizations. The entry point for deployment of proprietary MDM products can range from the hundreds of thousands to millions of dollars. Talend is democratizing MDM for the masses in the exact way it has done with open and cost-optimized data quality and data integration technology. It will shortly offer a free version of its open source MDM solution under the GNU General Public License as well as a commercial subscription version with value-added features and services for enterprise deployment. The new Master Data Management solutions will be available in early 2010.
“Many of the Global 5000 size organizations we work with will be delighted to see a major open source player enter the fast growth MDM market, especially at a time when organizations are doing all they can to optimize the ROI of their projects,” said Aaron Zornes, Chief Research Officer at The MDM Institute. “Talend has a proven track record in software technology domains closely related to MDM and will also bring their open source business acumen and track record to bear in the MDM market.”
This BeyeNETWORK news item contains information from a recent press release by the company mentioned.
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