Welcome!

News Feed Item

Clearlake Capital-Backed Syncsort Acquires Trillium Software

Enhanced Syncsort Solutions Portfolio to Deliver World-Class Data Integration and Data Quality to Big Data Environments

WOODCLIFF LAKE, N.J. and SANTA MONICA, Calif., Nov. 30, 2016 /PRNewswire/ -- Syncsort Incorporated ("Syncsort"), the global leader in Big Iron to Big Data solutions backed by Clearlake Capital Group, L.P. ("Clearlake"), today announced that it has signed a definitive agreement with Harte Hanks, Inc. (NYSE: HHS) to acquire Trillium Software ("Trillium"), a leading global provider of data quality solutions. The acquisition of Trillium will be the largest in Syncsort's history, and brings together market-leading data quality and data integration technology to deliver value at scale in the most demanding enterprise environments. The transaction is subject to regulatory approvals and other customary closing conditions.

The combination of Syncsort and Trillium's complementary product set will enable enterprise customers to seamlessly harness all their valuable data assets for greater business insights, applying high-performance and scalable data movement, transformation, profiling and quality across traditional data management technology stacks and emerging Hadoop and cloud environments.

"With most large enterprises making significant investments in Big Data for business and operational analytics, core data integration and data quality workloads are moving into Hadoop at a rapid pace," said Josh Rogers, CEO, Syncsort. "As a pioneer in bringing high-performance data integration software to the Hadoop ecosystem, Syncsort sees an opportunity to extend our unique value with Trillium's proven, best-of-breed data quality products. Together, we are a clear leader in the data integration and data quality market, and the logical choice for large enterprises seeking to chart a path to Hadoop. We look forward to working closely with Trillium's customers and investing in the great products they have come to rely on."

Syncsort and Trillium both have a substantial number of large enterprise customers seeking to generate new insights by combining traditional corporate data with new information sources from mobile, online, social and Internet of Things ("IoT"). These organizations will continue to rely heavily on next-generation analytic capabilities, creating a growing need for best-in-class data integration and quality solutions to make their Big Data initiatives successful. Together, Syncsort and Trillium will continue to have a strong focus on providing customers with these capabilities for traditional environments, while leading the industry in delivering them for Hadoop and Spark.

"Syncsort has long been a recognized leader in data integration software, and we are excited to partner with Josh and the management team to expand Syncsort's product portfolio to include data quality," added Behdad Eghbali and Prashant Mehrotra of Clearlake. "Combining Syncsort and Trillium creates a leading data integration and data quality software provider of significant scale and further establishes the Company as a platform for accelerated organic and acquisition-based growth. With this acquisition, Syncsort continues to be well-positioned to address the significant market trends around Big Data and to support the needs of our customers."

In November 2016, Trillium was recognized as a Leader in Gartner's Magic Quadrant for Data Quality Tools.*

Credit Suisse, Antares Capital and SunTrust Robinson Humphrey are providing fully committed debt financing for the transaction. Foros served as the financial advisor to Harte Hanks. Credit Suisse, Evercore and SunTrust Robinson Humphrey served as the financial advisors to Syncsort.

About Syncsort

Syncsort is a provider of enterprise software and the global leader in Big Iron to Big Data solutions. As organizations worldwide invest in analytical platforms to power new insights, Syncsort's innovative and high-performance software harnesses valuable data assets while dramatically reducing the cost of mainframe and legacy systems. Thousands of customers in more than 85 countries, including 87 of the Fortune 100, have trusted Syncsort to move and transform mission-critical data and workloads for nearly 50 years. Now these enterprises look to Syncsort to unleash the power of their most valuable data for advanced analytics. Whether on-premise or in the cloud, Syncsort's solutions allow customers to chart a path from Big Iron to Big Data. Experience Syncsort at www.syncsort.com.

About Clearlake

Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S.SM The firm's core target sectors are industrials and energy; communications, software, and technology-enabled services; and consumer. Clearlake currently has over $3 billion of assets under management and its senior investment principals have led or co-led 90 investments in traditional buyouts, corporate carve-outs, recapitalizations, turnarounds and restructurings, structured equity and credit, and other special situations as well as public equity and secondary debt. More information is available at www.clearlake.com.

Media Contacts:

For Syncsort

Michael Kornspan, Syncsort, [email protected], 201-930-8216
Sarah Borup, SHIFT Communications, [email protected], 617-779-1803

For Clearlake Capital Group

Owen Blicksilver Public Relations, Inc.
Kristin Celauro, [email protected], 732-264-1131
Jennifer Hurson, [email protected], 845-507-0571

*Gartner "Magic Quadrant for Data Quality Tools" by Saul Judah, Mei Yang Selvage, Ankush Jain. November 23, 2016.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Syncsort Data Integration Logo. (PRNewsFoto/Syncsort)

 

Logo - http://photos.prnewswire.com/prnh/20130520/NY16823LOGO

Logo - http://photos.prnewswire.com/prnh/20161130/444049LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/clearlake-capital-backed-syncsort-acquires-trillium-software-300370456.html

SOURCE Syncsort Incorporated

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin, ...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
Building custom add-ons does not need to be limited to the ideas you see on a marketplace. In his session at 20th Cloud Expo, Sukhbir Dhillon, CEO and founder of Addteq, will go over some adventures they faced in developing integrations using Atlassian SDK and other technologies/platforms and how it has enabled development teams to experiment with newer paradigms like Serverless and newer features of Atlassian SDKs. In this presentation, you will be taken on a journey of Add-On and Integration ...
There are 66 million network cameras capturing terabytes of data. How did factories in Japan improve physical security at the facilities and improve employee productivity? Edge Computing reduces possible kilobytes of data collected per second to only a few kilobytes of data transmitted to the public cloud every day. Data is aggregated and analyzed close to sensors so only intelligent results need to be transmitted to the cloud. Non-essential data is recycled to optimize storage.
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership abi...
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, demonstrated the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He discussed from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT to transi...
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service.
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...