Data warehousing vendor Netezza announces it has purchased Tizor Systems for an undisclosed sum. Netezza says the acquisition will allow its enterprise customers to track, store and perform forensic analysis of data access history as well as meet regulatory compliance requirements.
Data warehousing vendor Netezza
announced Feb. 24 it has acquired data
auditing and protection vendor Tizor Systems
for an undisclosed sum.
According to officials at Netezza,
the acquisition will help "enterprise customers to track, store and
perform forensic analysis against years of data access history and more
easily meet regulatory compliance requirements."
"As regulatory compliance and information governance rules get even
stricter, it's vital that companies know who is accessing information and
how," Jim Baum, president and CEO of
Netezza, said in a statement. "The enterprise data auditing and protection
market is expected to grow significantly in the next couple of years. By
acquiring Tizor, we will be able to offer our customers best-in-class data
auditing products that align very well with our enterprise offering."
The move is an interesting one for Netezza, which in 2008 made two
acquisitions centered on deepening analytics in the data warehouse. The company
acquired NuTech Solutions in May 2008, and purchased Intelligent Integration Systems
later on in the year.
here to read more about Netezza's data warehouse analytics.
However, Netezza may be looking to capitalize on the growth of the data
auditing market. Forrester Research predicted in a report in 2007 that the
value of the database auditing and real-time protection market-including new
licenses, support and services-would double by 2010.
"Enterprises rely on Tizor to deliver the best data auditing results,
in the shortest time, using the fewest resources," Prat Moghe, founder and
CEO of Tizor, said in a statement.
"Netezza's acquisition of our company joins the forces of two companies
that deliver innovative appliance-oriented analytics solutions for business
intelligence and data compliance."
Netezza said in its statement that Tizor Systems will
operate as a subsidiary.