Perforce Software Acquires Delphix, Expanding Its DevOps Product Offerings

Perforce Software, a private equity-owned company, has recently announced its acquisition of Delphix, a provider of virtualized test data for DevOps environments. This strategic move aims to enhance Perforce’s DevOps product coverage and capabilities.

Delphix, founded by Harvard English major Jedidiah Yueh in 2008, offers virtualized test data from multiple sources while ensuring the privacy of personally identifiable information through masking. With this acquisition, Perforce aims to strengthen its infrastructure automation portfolio by accelerating on-demand delivery, providing self-service test environments, and offering continuous testing with accurate and compliant test data.

Perforce CEO Jim Cassens emphasizes the importance of Delphix’s data management capabilities in enabling enterprise organizations to automate and speed up their DevOps pipelines. By combining Delphix’s innovative data platform with Perforce’s existing offerings, the companies plan to further drive digital transformation and innovation for their customers.

The acquisition comes as no surprise, as both Perforce and Delphix have experienced significant growth through previous acquisitions and have established themselves as leaders in their respective fields. Delphix, in particular, has raised a total of $124 million in funding and has attracted top Fortune 100 companies as clients.

While Delphix had considered an IPO in 2021, the decision to be acquired by Perforce reflects a strategic move for sustainable business growth. The financial details of the acquisition have not been disclosed, but industry experts estimate the deal to be below the $850 million valuation Delphix received in 2015.

This acquisition marks Jedidiah Yueh’s second successful exit, following the sale of his previous company, Avamar, to EMC. As a seasoned entrepreneur, Yueh’s next move remains uncertain. However, his expertise in the industry and track record of success suggest that he may continue to make a notable impact in the startup landscape.

The acquisition is expected to be finalized in the second quarter of this year, pending customary closing conditions. As Perforce and Delphix join forces, they are poised to deliver innovative solutions and drive further advancements in the rapidly evolving field of DevOps.

FAQ Section:

Q: What is the recent acquisition announced by Perforce Software?
A: Perforce Software announced its acquisition of Delphix, a provider of virtualized test data for DevOps environments.

Q: What is the goal of this acquisition?
A: The strategic move aims to enhance Perforce’s DevOps product coverage and capabilities.

Q: What does Delphix offer?
A: Delphix offers virtualized test data from multiple sources while ensuring the privacy of personally identifiable information through masking.

Q: What does Perforce aim to achieve with this acquisition?
A: Perforce aims to strengthen its infrastructure automation portfolio by accelerating on-demand delivery, providing self-service test environments, and offering continuous testing with accurate and compliant test data.

Q: Why is Delphix’s data management capabilities important?
A: Delphix’s data management capabilities enable enterprise organizations to automate and speed up their DevOps pipelines.

Q: How do Perforce and Delphix plan to drive digital transformation and innovation?
A: By combining Delphix’s data platform with Perforce’s existing offerings, the companies plan to further drive digital transformation and innovation for their customers.

Q: Has Delphix considered an IPO?
A: While Delphix had considered an IPO in 2021, the decision to be acquired by Perforce reflects a strategic move for sustainable business growth.

Q: What is the estimated value of the acquisition?
A: The financial details of the acquisition have not been disclosed, but industry experts estimate the deal to be below the $850 million valuation Delphix received in 2015.

Q: Who is Jedidiah Yueh?
A: Jedidiah Yueh is the founder of Delphix and previously sold his company, Avamar, to EMC.

Q: When is the acquisition expected to be finalized?
A: The acquisition is expected to be finalized in the second quarter of this year, pending customary closing conditions.

Q: What can be expected from Perforce and Delphix as they join forces?
A: As Perforce and Delphix join forces, they are poised to deliver innovative solutions and drive further advancements in the rapidly evolving field of DevOps.

Key Terms and Definitions:
– DevOps: a set of practices that combines software development (Dev) and IT operations (Ops) to reduce the time between committing a change to a system and the change being placed into normal production
– IPO: Initial Public Offering, the first sale of stock by a company to the public

Suggested Related Links:
Perforce Software
Delphix