Netezza Acquires Tizor SystemsFebruary 24, 2009
Marlborough, Mass. — February 24, 2009 — Netezza Corporation (NYSE Arca: NZ) today announced it has acquired privately held Tizor Systems, a Massachusetts-based provider of advanced enterprise data auditing and protection solutions for the data center. This acquisition will allow Netezza’s enterprise customers to track, store and perform forensic analysis against years of data access history and more easily meet regulatory compliance requirements.
“As regulatory compliance and information governance rules get even stricter, it’s vital that companies know who is accessing information and how,” said Jim Baum, president and CEO of Netezza. “The enterprise data auditing and protection market is expected to grow significantly in the next couple of years. By acquiring Tizor, we will be able to offer our customers ‘best-in-class’ data auditing products that align very well with our enterprise offering.”
Tizor has leading products in data auditing and protection that can monitor, analyze and report on all critical data activity across the enterprise for compliance assurance and data protection.
“Enterprises rely on Tizor to deliver the best data auditing results, in the shortest time using the fewest resources,” said Prat Moghe, founder and CEO of Tizor. “Netezza’s acquisition of our company joins the forces of two companies that deliver innovative appliance-oriented analytics solutions for business intelligence and data compliance.”
Tizor Systems will operate as a subsidiary of Netezza.
Tizor provides enterprise data auditing and protection solutions capable of monitoring, reporting and alerting on all critical data activity across the enterprise data center - databases, file servers and mainframe applications. Tizor’s global enterprise customers include financial institutions, insurance companies, retailers, manufacturers, healthcare providers and airlines, among others. These companies rely on Tizor’s Mantra solutions to protect critical data assets, detect data breaches and provide data-related compliance, including SOX and PCI. Headquartered in Maynard, Massachusetts, Tizor is a member of IBM’s Data Governance Council and the PCI Security Standards Council. Visit Tizor’s Website at www.tizor.com or data auditing blog at http://blog.tizor.com.
About Netezza Corporation (NYSE Arca: NZ)
Netezza (NYSE Arca: NZ) is the global leader in data warehouse and analytic appliances that dramatically simplify high-performance analytics for business users across the extended enterprise, delivering significant competitive and operational advantage in today’s information-intensive marketplaces. The Netezza Performance Server® (NPS®) family of appliances brings appliance simplicity to a broad range of complex data warehouse and analytic challenges. Customers who have realized the benefits of Netezza appliances include Ahold, Amazon.com, CNET Networks, Debenhams, Department of Veterans Affairs, Epsilon, iBasis, Nationwide, Neiman Marcus, Orange UK, Premier, Inc., Ross Stores, Ryder System, Inc., The Carphone Warehouse and Virgin Media. Based in Marlborough, Mass., Netezza has offices in Washington, DC, the United Kingdom and the Asia Pacific region. For more information about Netezza, please visit www.netezza.com.