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Perforce's Acquisition Of Delphix Enhances Devops With Enterprise Data Management
Perforce Software, backed by Francisco Partners and Clearlake Capital Group, has entered into a definitive agreement to acquire Delphix, a renowned Data Management software platform. This strategic move aims to bolster Perforce's DevOps portfolio with enhanced data automation, governance, and compliance capabilities throughout the application lifecycle. The addition of Delphix not only accelerates the DevOps pipeline for enterprise organizations but also promises operational efficiencies, reduced costs, and innovative data management solutions. Perforce's CEO, Jim Cassens, highlights the significance of Delphix's contribution in advancing automation, compliance, and cost-effectiveness, while Delphix's CEO, Jedidiah Yueh, emphasizes their shared commitment to data innovation and strategic empowerment.
Enterprises increasingly view data as a crucial asset, and Delphix supports them in scaling data usage for analytics and testing, enabling faster application releases. With a focus on data virtualization and masking, Delphix facilitates the creation, refresh, and teardown of cloud-based data environments. Perforce's acquisition ...
... of Delphix reinforces its commitment to delivering scaled DevOps solutions, addressing the automation challenges of large enterprises. The move is expected to meet the growing demand for enterprise-scale data management in testing, AI modeling, and analytics. The transaction is subject to customary closing conditions and is anticipated to conclude in the second quarter of 2024.
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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