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Five Minute Briefing - Information Management
February 2, 2022

Five Minute Briefing - Information Management: February 2, 2022. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.

News Flashes

Clearlake Capital Group, L.P. has completed its previously announced acquisition of Quest Software from Francisco Partners. Quest CEO Patrick Nichols will continue to lead the company supported by the existing executive management team. Terms of the transaction were not disclosed.

Directus, a software company democratizing the future of data management, is releasing Directus 9, an Open Data Platform that can power any data driven app or digital experience. With a new codebase built on Node.js and Vue.js 3, Directus 9 achieves  higher performance than previous versions for near-instant SQL query responses, whether browsing vast datasets in the Directus app or performing deeply nested relational API requests, according to the vendor.

Franz Inc., a supplier of graph database technology, has announced Gruff 8.1, a knowledge graph visualization software tool that can be embedded in any web page or web application. Users can now visually build queries and visualize connections between enterprise data directly within a web page or web application, enabling a simple and seamless knowledge discovery experience.

Intel has announced plans for an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Ohio. The investment will help boost production to meet the surging demand for advanced semiconductors. Planning for the first two factories will start immediately, with construction expected to begin late in 2022. Production is expected to come online in 2025, when the fab will deliver chips using the industry's most advanced transistor technologies.

MariaDB Corporation Ab has announced its intention to become a publicly listed company on the New York Stock Exchange (NYSE) in partnership with NYSE-listed Angel Pond Holdings. According to MariaDB, the transaction reflects an implied enterprise value of the combined company of approximately $672 million, representing 14.2x expected fiscal 2022 (ending September 2022) revenue of $47.4 million. The transaction is expected to close in the second half of fiscal year 2022.

Teradata is forming a global partnership with Microsoft to integrate the Teradata Vantage data platform with Microsoft Azure, enabling businesses seeking to modernize their data analytics workloads to leverage the technology of both companies. Teradata Vantage on Azure is already heavily integrated with the Azure ecosystem, including more than 60 Azure data services.