US data analytics vendor Qlik to go public

By | 10th January 2022

Philadelphia-HQ Qlik announced plans to go public with an IPO of its common stock.
The business analytics and data integration software vendor said it had confidentially submitted a draft registration statement with the US Securities and Exchange Commission.
The number of shares to be offered and the price range for the proposed offering have not yet been determined.
Qlik expects to complete the public offering following the SEC review process, subject to market and other conditions.
It bills itself as a SaaS company offering an Active Intelligence platform, delivering end-to-end, real-time data integration and analytics cloud solutions to “close the gaps” between data, insights and action.
It claims to have a roster of more than 38,000 active customers in over 100 countries with offices across the US, Canada, Latin America and EMEA.
The company was bought by private equity and growth capital firm Thoma Bravo for around $3bn in 2016.
Shares of Qlik were formerly listed on The NASDAQ Stock Market prior to the acquisition.
Since going private Qlik embarked on a major acquisition spree, snapping up nine companies over five years. including its $560m purchase of data integration company Attunity to expand its footprint in the Boston area.

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