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Three area tech firms announced acquisitions yesterday:
Qlik Technologies, Radnor, acquired DataMarket for a maximum price of $13.5 million, Qlik reported in an SEC filing yesterday, and DataMarket subsequently shared the news on its blog. DataMarket is based in Cambridge, MA with a development office in Iceland (its country of origin). Its strength lies in sophisticated data visualization.
DataMarket Founder Hjalmar Gislason wrote in the blog post, "We are not disclosing a lot about our joint plans at this time, but I’ll still say that we see some very interesting opportunities in bringing together Qlik’s superb analytics products, with DataMarket’s unique abilities to pull in, maintain and normalize data from a vast range of 3rd party sources – all in an effort to fulfill the Qlik vision of simplifying decisions for everyone, everywhere."
EPAM Systems, Newtown, acquired UK-based Great Fridays, which also has offices in the US. Great Fridays "focuses on bridging the gap between business and design," EPAM said in its release. Terms were not available.
Great Fridays posted about the deal, describing it as an extension of EPAM's transformation that began with the 2012 acquisition of Conshohocken-based Empathy Labs.
And Heartland Payment Systems, Princeton, acquired xPient Solutions of Charlotte, a leading provider of retail POS (Point-Of-Sale) systems, to further strengthen its position in that market. Again, terms haven't been disclosed yet.