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Five Minute Briefing - Information Management
July 6, 2017

Five Minute Briefing - Information Management: July 6, 2017. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.

News Flashes

Centerbridge Partners, L.P., a private investment firm, is acquiring enterprise software providers Syncsort and Vision Solutions from Clearlake Capital Group, L.P. Upon completion of the $1.26 billion transaction, Syncsort and Vision will be combined, creating what Centerbridge calls a "big iron to big data" platform investment controlled by Centerbridge, and operating under the Syncsort name.

TIBCO Software, a provider of integration, API management, and analytics, is acquiring nanoscale.io, a provider of microservices technology and tooling. The acquisition extends and enhances TIBCO's leadership in the development of microservices and APIs that connect and integrate with a more expansive on-premises or hybrid cloud environment, and bolster its Connected Intelligence platform.