Located in Burlington, Massachusetts, Attunity has earned a stellar reputation as a leading provider of real-time data integration and event capture software. Today, Attunity made the announcement that they have signed a multi-million dollar OEM agreement with Microsoft.
According to terms of the deal, Microsoft will provide Attunity’s change data capture (CDC) in Microsoft’s next version of SQL. This will support customer requirements with real time business intelligence as well as cloud computing.
One of the leaders at Microsoft is Denise Draper who serves as the Product Unit Manager at the pioneering company. Commenting on what this agreement will mean to the customers of Microsoft and the industry as a whole, Draper stated, “By making innovative technologies such as Attunity’s CDC available in SQL Server, we are making it easier to use data efficiently, enabling customers to capitalize on the lower cost of ownership of the Microsoft platform and cloud computing.”
Leading the way at Attunity is Shimon Alon who serves as the company’s Chairman and CEO. When asked what this agreement will mean for current and future shareholders of Attunity, Alon was quoted as saying, “This OEM agreement is an important turning point for Attunity. Aside from the strategic importance of this five-year agreement, we expect to receive a significant portion of the payments during 2011 and the balance in quarterly payments starting toward the end of 2012. This will enable us to strengthen our cash position and accelerate our growth by making additional investments in sales, marketing and R&D, as well as target high growth markets such as cloud computing.”
Currently, Attunity is trading in the $0.50 range. With the Microsoft agreement in place and state-of-the-art software solutions in their pipeline, Attunity is a company that institutional investors may soon consider placing in their portfolio.
To learn more about Attunity, visit the company website at www.attunity.com