Informatica nabs Applimation for storage know-how
Summary
Informatica is best-known for its PowerCenter suite of enterprise data integration software, whereas Applimation has a product set geared up to manage an organisations application lifecycle. "Our acquisition of Applimation expands our addressable market to encompass an adjacent growth category - application ILM," said Informatica CEO Sohaib Abbasi during a conference call. According to Abbasi, "effective lifecycle management of application data lowers storage and database costs, improves performance and ensures confidentiality." "Together, we will offer customers a platform to access, integrate and trust all their active and archived data, while reducing total-cost-of-ownership," said Abbasi. It seems that Applimation proved to be an attractive target because incorporates a broad application-aware metadata for packaged applications from the likes of Oracle and SAP.
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