Perforce's Acquisition Of Delphix Enhances DevOps With Enterprise Data Management

 


Perforce Software, with the backing of Francisco Partners and Clearlake Capital Group, has entered into a definitive agreement to acquire Delphix, renowned for its industry-leading Data Management software platform. The addition of Delphix to Perforce's portfolio is anticipated to bring crucial data management capabilities, fostering an automated and accelerated DevOps pipeline. Perforce's CEO, Jim Cassens, expresses excitement about delivering operational efficiencies and reduced costs to customers through Delphix's platform, highlighting the collaboration's commitment to ongoing data management innovation. As data is increasingly considered a paramount asset, Delphix's capabilities in data virtualization and masking align with organizations' needs to scale data usage for analytics and testing, resulting in faster application releases.

Jedidiah Yueh, CEO of Delphix, sees the integration as positioning the company within Perforce to continue innovating and empowering customers to realize the strategic power of their data platform. The acquisition further strengthens Perforce's infrastructure automation offering, showcasing its commitment to scaled DevOps solutions. With an eye on the growing demand for enterprise-scale data management, the strategic move is expected to close in Q2 2024, subject to customary closing conditions, with Centerview Partners playing a crucial role as the exclusive financial adviser to Delphix in the transaction.

Read More - https://www.techdogs.com/tech-news/pr-newswire/perforce-to-acquire-delphix-adding-enterprise-data-management-software-to-its-devops-portfolio

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