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.
Recent items:
Why Analytics Are Now Assumed to Run in the Cloud
Qlik Takes to the Cloud, Buys GeoAnalytics Firm
April 23, 2024
- Alteryx and DataCamp Partner to Bring Analytics Upskilling to All
- SymphonyAI Announces IRIS Foundry, an AI-powered Industrial Data Ops Platform
April 22, 2024
- Jülich’s New AI Foundation Models Aim to Advance Scientific Applications
- Cognizant and Microsoft Expand Partnership to Deploy Generative AI Across Multiple Industries
- Gulp Data and Datarade Partner to Empower Enterprises to Monetize Data
- Fullstory Launches Data Direct to Enhance Corporate Understanding of Behavioral Data
April 19, 2024
- Carahsoft to Showcase Cutting-Edge Solutions with 70+ Partners at GEOINT 2024
- BrainChip Highlights the 2nd Generation Akida at tinyML Summit 2024
- MathCo Named Microsoft Solutions Partner for Data and AI
- Salesforce Survey: Data Will Make or Break Workers’ Trust in AI
- Weights & Biases Announces Expanded Integration with NVIDIA NIM
- Dataminr Introduces ReGenAI to Enhance Real-Time Event Monitoring
- Cisco Reimagines Security for Data Centers and Clouds in Era of AI
- Gurucul Enhances Federated Search Capabilities Across Multiple Data Sources
- SAS-Sponsored Study Highlights Talent Shortages and Strategic Gaps in GenAI Adoption
- Redgate Launches Enterprise Edition of Redgate Monitor for Large-Scale Databases
April 18, 2024
- SAS Viya Expands Generative AI Capabilities with New Data Maker and Industry-Specific Assistants
- Moveworks Partners with Microsoft to Deliver Secure, Scalable Generative AI Solutions to Customers
- Rockset Announces 2024 Index Conference, Industry Event for Engineers Building Search, Analytics, and AI Applications at Scale
- SAS Advances Industry Solutions with Packaged AI Models
Most Read Features
Sorry. No data so far.
Most Read News In Brief
Sorry. No data so far.
Most Read This Just In
Sorry. No data so far.
Sponsored Partner Content
-
Get your Data AI Ready – Celebrate One Year of Deep Dish Data Virtual Series!
-
Supercharge Your Data Lake with Spark 3.3
-
Learn How to Build a Custom Chatbot Using a RAG Workflow in Minutes [Hands-on Demo]
-
Overcome ETL Bottlenecks with Metadata-driven Integration for the AI Era [Free Guide]
-
Gartner® Hype Cycle™ for Analytics and Business Intelligence 2023
-
The Art of Mastering Data Quality for AI and Analytics
Sponsored Whitepapers
Contributors
Featured Events
-
Call & Contact Center Expo
April 24 - April 25Las Vegas NV United States -
AI & Big Data Expo North America 2024
June 5 - June 6Santa Clara CA United States -
AI Hardware & Edge AI Summit 2024
September 10 - September 12San Jose CA United States -
CDAO Government 2024
September 18 - September 19Washington DC United States