Qlik, a vendor of data visualization tools, has agreed to be acquired by private equity investment firm Thoma Bravo for $3 billion.
The sale will give Qlik “additional flexibility” to operate, Lars Björk, the company’s CEO, said in a statement.
Qlik is touted as a software package for business intelligence needs, with some customers saying it has strong data modeling features. Qlik offers what it calls “self-service” data visualization and discovery, with customers able to build custom charts based on their data needs.
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Source: COMPUTER WORLD