Abu Dhabi Investment Fund Acquires “Significant Minority Stake” In Qlik
Summary
The Abu Dhabi Investment Authority (ADIA), the Arab country’s Abu sovereign wealth investment fund has acquired a “significant minority stake” in data analytics and data management software developer Qlik. A consortium of other investors is also expected to invest in Qlik as part of the complex transaction. “Our team has seized the AI opportunity, grounded in a commitment to strong partnerships, customer success, and solutions that drive real competitive advantage. Thoma Bravo acquired then-publicly traded Qlik in 2016 in an all-cash deal valued at about $3 billion. Thoma Bravo acquired Talend in 2021 and helped engineer the Qlik-Talend combination.
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