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Weekly News Digest

September 21, 2023 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

CLICK HERE to view more Weekly News Digest items.

Denodo Gains Investment for Continued Expansion of Its Data Management Solutions

Data management company Denodo signed a definitive agreement for TPG Growth to invest $336 million in Denodo’s Series B preferred equity. The transaction is expected to close in early October following the typical regulatory approvals.

“Denodo’s unique data virtualization software, which allows enterprises to create unified views of disparate data sources that can be queried easily without moving them, has powered impressive, profitable growth, says Mike Zappert, partner at TPG Growth. “[T]he company has built a notable roster of marquee, global customers including TPG, and we see a tremendous opportunity to accelerate Denodo’s expansion going forward.”

For more information, read the press release.

Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

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