Syncsort Inc., backed by Clearlake Capital, has agreed to purchase data integration software developer Trillium Software from Harte Hanks Inc. (NYSE: HHS). The $112 million cash deal is a result of the seller’s initiative to focus on its core marketing strategy and analytics business.
Trillium, based in Burlington, Massa, provides data integration and data quality software services for large companies. From its data governance initiatives to its customer experience management tool, Trillium helps businesses to uncover hidden risks to accelerate data compliance all while minimizing operational costs and penalties. Some of the target’s clients include British Airways, HSBC, and Porsche.