Welcome to our dedicated page for Talend news (Ticker: TLND), a resource for investors and traders seeking the latest updates and insights on Talend stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Talend's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Talend's position in the market.
On June 11, 2021, Thoma Bravo initiated a tender offer to acquire all outstanding shares of Talend (NASDAQ: TLND) for $66.00 each. This offer follows a memorandum of understanding from March 10, 2021, and has been unanimously supported by Talend's Board of Directors as beneficial for the company and its shareholders. The tender offer is set to expire on July 28, 2021, and is contingent upon acquiring at least 80% of shares and receiving regulatory approvals. Upon successful completion, Talend will become privately held, and its ADSs will be delisted from public markets.
Talend (NASDAQ: TLND) announced a collaboration with Snowflake to enhance data quality through the introduction of the Talend Trust Score™ specifically for Snowflake users. This initiative aims to improve data reliability and accuracy, enabling businesses to make informed decisions swiftly. The integration will utilize Snowpark and Java UDFs, allowing users to conduct data profiling seamlessly within Snowflake. Executive insights highlight the necessity for trusted data to mitigate inefficiencies and capitalize on business opportunities, focusing on compliance and innovative data management.
Talend (NASDAQ: TLND) released a survey highlighting significant challenges businesses face in using data effectively. Although two-thirds of business leaders utilize data daily, 78% struggle to leverage it for decision-making, with over a third relying on gut instinct. The survey reveals that only 40% of executives fully trust their data. Talend promotes the concept of data health as a solution, focusing on data quality and reliability. Their approach aims to help companies manage and understand their data better, improving decision-making and operational efficiency.
Talend (TLND) reported a record revenue of $79.9 million for Q1 2021, marking a 17% year-over-year increase. The company achieved a Cloud Annual Recurring Revenue (ARR) of $119.3 million, up 95% year-over-year. Subscription revenue rose 19% to $72.4 million. However, Talend experienced a GAAP operating loss of $21.6 million and a non-GAAP operating loss of $3.3 million. The firm also announced a planned acquisition by Thoma Bravo in a $2.4 billion cash tender offer at $66.00 per share.
Talend (NASDAQ: TLND) announced that Vyaire Medical leveraged its cloud data platform to significantly increase ventilator production in response to COVID-19. Vyaire scaled production from six to 600 ventilators daily, aided by Talend's real-time data access. Senior VP Ed Rybicki will present Vyaire's success story at the virtual Gartner Data & Analytics Summit on May 6. Talend's Data Fabric facilitates streamlined data integration and governance, enabling organizations to drive insights that accelerate revenue and minimize risks. Over 6,000 global customers rely on Talend for trusted data.
On April 22, 2021, Talend (NASDAQ: TLND) announced the native integration of Stitch with the Amazon Redshift Console. This integration simplifies data management for AWS customers, allowing rapid integration of multiple data sources, including Salesforce and Google Analytics, into a secure and managed platform. The integration enhances data onboarding and analysis, enabling businesses to derive actionable insights quickly. Talend aims to leverage AWS's innovative capabilities to support its clients in achieving their technology objectives.
Talend (NASDAQ: TLND) is set to announce its financial results for the first quarter ending March 31, 2021, on May 5, 2021, after market close. The company will not hold a conference call due to its planned acquisition by Thoma Bravo, announced on March 10, 2021. Talend, a leader in cloud data integration and integrity, serves over 6,000 customers worldwide, providing the Talend Data Fabric platform that ensures reliable data for informed decision-making.
Talend (NASDAQ: TLND) announced the expiration of its 30-day 'go-shop' period on April 10, 2021, under a memorandum of understanding with Thoma Bravo, who plans to acquire all outstanding shares for $66.00 per share. The Talend Board actively sought alternative offers but is now subject to 'no-shop' provisions. The tender offer is expected to close in Q3 2021, pending regulatory approvals and shareholder consent. This proposed acquisition reflects Talend's commitment to maximizing shareholder value amid ongoing strategic developments.
