Enterprise cloud management firm Informatica has announced the acquisition of Compact
Solutions, a metadata tool company. The financial terms of the deal were not disclosed.
Compact Solutions which is a 20-year old company has been a partner with Informatica since 2018. The acquisition will help in expanding Informatica’s catalog of metadata connectivity in support of analytics, data governance and privacy, customer experience, and data warehouse modernization initiatives. Informatica plans to wrap the Compact Solution’s MetaDex functionality into EDC and apply the technology to tap other emerging sources.