Suresnes, France, Los Altos, CA and Menlo Park, CA, November 10, 2010 – Silver Lake Sumeru, a global leader in private investments in middle-market technology companies, announced today that it has made a strategic investment in Talend, the recognized market leader in open source data management software.
Concurrent with the Silver Lake Sumeru investment, Talend announced that it has acquired Sopera, a leading provider of open source service-oriented architecture (SOA) and middleware solutions. The new expanded business ranks among the world’s top five pure-play open source vendors.
Silver Lake Sumeru is the middle-market investment fund within Silver Lake, which manages over $14 billion in assets and is the global leader in private investments in technology and technology-enabled industries. Silver Lake’s portfolio companies include global technology leaders such as Skype, NASDAQ OMX and Avago, as well as emerging leaders such as Power-One and i2. Silver Lake Sumeru’s minority stake in Talend marks the fund’s second investment in Europe.
“Today, an increasing number of enterprise IT departments are using open source technology to drive their operations,” said John Brennan, Managing Director at Silver Lake Sumeru. Brennan continued: “Talend is a clear leader in open source data management, and with the acquisition of Sopera, is uniquely positioned to deliver open source solutions into the data management and application integration markets. We are excited to work closely with Talend to support its expansion through organic growth as well as future acquisitions.”
Talend provides open source and commercially licensed versions of Data Integration, Data Quality and Master Data Management (MDM) applications. Founded in 2005 with dual headquarters in Suresnes, France and Los Altos, CA, Talend has grown rapidly in the last 5 years and is now the recognized market leader in open source data management. Talend’s products have received positive recognition from industry analysts from companies such as Gartner, IDC and Forrester. The company has approximately 260 employees worldwide with offices in Germany, China, Japan, Italy and the UK.
The combination of Talend and Sopera creates a global leader in open source middleware solutions, and uniquely positions Talend to take advantage of the synergies that exist between data management and application integration projects. The company’s new offerings will enable IT organizations to leverage a highly functional and cost effective unified global middleware platform. In the near future, the unified platform will be optimized to seamlessly integrate on-premise data and applications with cloud-based deployments.
“We are delighted to welcome Silver Lake Sumeru as our investor and partner and see this as a strong vote of confidence in both our business model and team,” said Bertrand Diard, Talend’s co-founder and CEO. “Talend looks forward to leveraging Silver Lake’s deep technology expertise and strategic insight as we continue to innovate and grow.”
With Silver Lake Sumeru’s investment, John Brennan will join Talend’s board of directors.
Jones Day acted as legal advisor to Talend. Kirkland & Ellis LLP acted as legal advisor to Silver Lake Sumeru.
Talend is the recognized market leader in open source data management. More than 1,500 paying customers around the globe, including eBay, Virgin Mobile, Sony Online Entertainment and Allianz, subscribe to Talend’s solutions and services to minimize the costs and maximize the value of data integration, ETL, data quality and Master Data Management. With more than ten million downloads, Talend’s solutions are the most widely used and deployed data management solutions in the world. The company has major offices in North America, Europe and Asia, and a global network of technical and services partners. Within the last year, Talend has received a number of prestigious honors including: named a Network World open source company to watch, and a winner of the AlwaysOn Global 250, the Red Herring Top 100 Europe, The VAR Guy’s Open Source 50 and InfoWorld’s Bossie Award. For more information, please visit http://www.talend.com.
Sopera is an Open Source Integration Middleware vendor and supports customers to capture the value of Open Source Software by reducing Total Cost of Ownership (TCO) and vendor dependency. Sopera’s integration suite, Sopera ASF (Advanced Service Factory) is a sophisticated and complete Open Source platform that enables users to implement complex integration projects at low cost. The platform is based on ten years of experience developing and operating in a demanding enterprise environment. Customers of Sopera include Deutsche Post, Zurich Insurance and Landesbank Berlin. For more information, please visit http://www.sopera.de/en/home/.
About Silver Lake Sumeru
Silver Lake Sumeru is a global leader in private investments in middle-market technology companies. The Silver Lake Sumeru team applies fundamental operating insight, deep technology sector expertise, and world- class investing skills to acquire and manage companies. Silver Lake Sumeru’s portfolio includes sector-leading technology companies such as AVI-SPL, i2, Locaweb, Mobile Messenger, Power-One, Spansion and Talend. Silver Lake Sumeru is the middle-market investment fund of Silver Lake, the global leader in private investments in technology and technology-enabled industries. For more information, please visit www.silverlake.com.
Brian Gottlieb, Schwartz Communications
Jenny Farrelly, Edelman
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