Infogix Acquires Data Prepper Lavastorm
Lavastorm, a well-regarded data preparation and analytics vendor, has attracted a buyer backed by an aggressive equity investor as the market sectors continue to consolidate and players seek to scale their operations.
Infogix Inc., a privately-held analytics software vendor disclosed late last week it is acquiring Boston-based Lavastorm. Terms of the completed acquisition were not disclosed.
Since being acquired in 2016 by private equity investor Thoma Bravo in 2016, Infogix has snapped up Data3Sixty and Data Clairvoyance Group as its beefs up its data governance and management capabilities. Infogix, Naperville, Ill., said it would integrate Lavastorm’s data prep and analytics tools with its existing data management platform as it seeks to attract IT and “business process owners” to its suite of tools for extracting, preparing and analyzing data from a variety of sources. Applications could then be delivered directly or via data visualization tools, the company said March 23.
“By combining Infogix, Data3Sixty and Lavastorm, we can provide a deeper set of capabilities across data preparation and data analytics,” said Lavastorm CEO Tim Segall.
Lavastorm has shown up on several industry rankings as a leading self-service data prep vendor along with competitors such as Trifacta and new entrants like Google Cloud Platform. Google (NASDAQ: GOOGL)
recently announced the beta availability of a managed data wrangling service developed in collaboration with Trifacta called Google Cloud Dataprep.
The embrace to serverless data prep tools underscores the steady enterprise shift of big data analytics away from on-premise Hadoop deployments to the public cloud.
For its part, Infogix has also moved aggressively to help customers move analytics workloads to the cloud via a full-stack analytic solution running on Amazon Web Services (NASDAQ: AMZN) that uses Hadoop, Amazon’s Redshift data warehouse, machine learning and visualization tools.
Chicago-based Thoma Bravo, which orchestrated the deal for Lavastorm, is focused on software and technology-enabled services. Among the private equity firm’s recent analytics acquisitions was a $3 billion deal in 2016 to acquire Qlik Technologies. Privately-held Qlik has since been merged with Swedish geolocation analytics developer Idevio while Qlik also has rolled out a cloud-based business intelligence platform.
Last November, Thoma Bravo acquired Barracuda Networks Inc. (NYSE: CUDA), a provider of cloud-based security and data protection tools, in an all-cash transaction valued at $1.6 billion. The deal for Barracuda Networks was completed on Feb. 12.