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QLIK ACQUIRES TALEND, COMBINING ITS BEST-IN-CLASS DATA INTEGRATION WITH TALEND’S
LEADING DATA TRANSFORMATION, QUALITY, AND GOVERNANCE CAPABILITIES

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 * Qlik Acquires Talend, Combining its Best…

Talend and Qlik's Data Integration and Quality solutions automate the delivery
of trusted, business-ready data, enabling smarter decisions, operational
efficiency, and innovation.

Philadelphia, PA – May 16, 2023 – Qlik® today announced it has closed its
acquisition of Talend, expanding the company’s best-in-class capabilities for
modern enterprises to access, transform, trust, analyze, and take action with
data.

The combined entity is led by Qlik CEO Mike Capone, completing the latest
chapter in the company’s strategic vision to deliver best-in-class data
integration, data quality, and analytics solutions.

“Qlik, together with Talend, will bring significant benefits to customers,
including expanded product offerings, enhanced support and services, and
increased investments in innovation and R&D,” said Mike Capone. “Qlik's broad
expertise in data integration, analytics, AI and machine learning combined with
Talend's data integration and data quality solutions, will provide customers the
most comprehensive solution in the industry.”

As data fragmentation, driven by thousands of sources and targets, has
increased, organizations have had to choose from incomplete legacy solutions,
cloud lock-in, or multiple disparate point solutions – all of which come with
cost and innovation risks. With Talend, Qlik brings a new approach, offering a
full range of best-in-class capabilities, helping customers eliminate technical
debt and cost while increasing enterprise confidence that trusted data is
available for decision making when it matters most.

“This is a perfect example of 1 + 1 equals 3. These are two market-leading
companies that will enable their customers to benefit across the data and
analytics lifecycle regardless of where they are in their digital transformation
journey,” said Mike Leone, Principal Analyst for Analytics and AI, Enterprise
Strategy Group. “So many data initiatives are seeking to build trust within the
data ecosystem, and it’s not just the data. It’s the processes and people too.
I’m truly excited for their joint customers. By marrying Qlik’s existing
presence in the data integration space with Talend, customers will see more
robust data integration capabilities and powerful data governance to deliver the
confidence and trust they desire.”

Qlik and Talend solutions are complementary, extending the capabilities in many
vital areas such as data quality, transformation, application connectivity, and
API services. Importantly, Qlik will continue to remain open to virtually any
data source, target, architecture, or methodology, ensuring customers always
have the data they need, whenever they need it.

The combined entity has earned a leading position across multiple market
categories. For seven years in a row, Gartner positioned Talend as a leader in
its Magic Quadrant for Data Integration Tools, and a leader in its Magic
Quadrant for Data Quality Solutions for five consecutive years. It has
positioned Qlik as a leader in its Magic Quadrant for Analytics and Business
Intelligence Platforms for 13 consecutive years. Additionally, Qlik has been
named a leader in the IDC MarketScape: U.S. Business Intelligence and Analytics
Platforms 2022 Vendor Assessment.

For more information about the combined power of Qlik and Talend together read
Mike Capone’s blog or attend our upcoming webinar on May 23: Qlik | Talend:
What's Next is Now. To learn more about Qlik, visit www.qlik.com, and for more
about Talend visit www.talend.com.

About Qlik and Talend

Qlik, with the recent addition of Talend, delivers an industry leading portfolio
of solutions for data integration, data quality, and analytics. This includes
advancements in real-time, AI, ML, and automation. The most successful
organizations are investing in data to make sense of the increasing amounts and
varieties of data from diverse sources. The challenge is to effectively
integrate, analyze, and act on the data while ensuring its trustworthiness. With
more than 40,000 active customers in over 100 countries, Qlik’s solutions work
with any data source, target, architecture or methodology, to ensure customers
have the data they need, whenever they need it.

© 2023 QlikTech International AB. All rights reserved. All company and/or
product names may be trade names, trademarks and/or registered trademarks of the
respective owners with which they are associated.

The information provided herein is subject to change without notice. In
addition, the development, release and timing of any product or functionality
described herein remain at the sole discretion of Qlik and should not be relied
upon in making a purchasing decision, nor as a representation, warranty or
commitment to deliver specific products or functionality in the future.

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