Acquires Technology to Complement its Successful Open Source Data Integration and Data Quality Solutions; Speeds Open Source MDM Time to Market
LOS ALTOS, Calif. — (BUSINESS WIRE) — September 28, 2009 — Talend, the recognized market leader in open source data integration software, today 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.”
Today, most enterprises have a heterogeneous application portfolio, with fragments of often inaccurate, incomplete and inconsistent data residing in various application silos. The problem for these organizations is to provide a consistent view of their customer base, product catalog, employees, or other master data shared and used by many applications and lines of business. In recent years, Master Data Management (which allows an organization to link all of its critical data to one “master file”) has emerged as the means to more efficiently manage shared data, eliminate redundancy and create the elusive “single version of the truth.”
“We have been analyzing the MDM market for some time and sought the right fit that would easily integrate with our existing technologies. We found Amalto’s technology to be a perfect match at a time when the industry is in need of a flexible solution that offers fast time-to-value,” said Bertrand Diard, co-founder and CEO of Talend. “Moreover, MDM is a natural extension to our data integration and data quality solutions and will enable our customers to cover all aspects of the data lifecycle. By introducing the first open source MDM solution, Talend is poised to change the market landscape, competing head to head with established players such as IBM and Oracle, for the greater benefit of all customers and users.”
Talend has completed a full audit of the source code to ensure its intellectual property compliance and is in the process of integrating it with the company’s data integration and data quality technologies.
Talend is the recognized market leader in open source data integration. More than 800 paying customers around the globe, including Yahoo!, Virgin Mobile, Sony and Swiss Life, use the Talend Integration Suite of products and services to optimize the costs of data integration, ETL and data quality. With more than five million lifetime downloads and one million core product downloads, Talend’s solutions are the most widely used and deployed data integration solutions in the world. The company has major offices in North America, Europe and Asia, and a global network of technical and services partners. For more information, please visit http://www.talend.com.