For those of you who never heard of the ERwin software platform, it is the industry’s most powerful data modeling solution. ERwin gives IT professionals an intuitive graphical interface to model the database before they build it and acts as an information hub to share data definitions, rules and structures across the organization. ERwin has a 15-year rich history and is deployed across more than 75,000 organizations. But what’s most exciting is the role that ERwin is coming to play as the foundation for global Big Data initiatives.
In teaming up with Parallax Capital Partners, with more than $1.5b in revenue in software and services portfolio companies, we have purchased the ERwin assets from CA Technologies. We plan to expand the ERwin footprint across the data management ecosystem, acquiring other data management players, creating strategic partnerships with other big data providers and internally developing the very best software for our customers and partners.
So we are now off and running! After spending time with our leadership team and employees in global town hall meetings over the past few days, we are developing a vision and go-forward strategy to create the best Big Data software company for our customers, partners and employees.
Together, we will build a great company.