Who Owns Qlik?
Qlik is the platform brand of Qlik Technologies Inc., a privately held data integration and analytics company headquartered in the Philadelphia area. Founded in Lund, Sweden in 1993, Qlik built its name on associative analytics engine technology and expanded through acquisitions including Talend and Upsolver. Private equity firm Thoma Bravo has owned a majority stake since taking the company private in 2016.
Parent Company
Founded
1993
Status
Private
Headquarters
GlobalOfficial Website
Who Owns Qlik?
- Parent Company: Qlik Technologies Inc.
- Ownership Type: Wholly owned
- Company Type: Privately Held
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Qlik | Qlik Technologies Inc. | Wholly owned |
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History of Qlik
- Founded: 1993
- Founders: Bjorn Berg, Staffan Gestrelius
Bjorn Berg and Staffan Gestrelius founded the company in 1993 in Lund, Sweden, originally called QlikTech. Its core invention was the associative engine: instead of forcing users to write SQL queries, the software loaded data into memory and let users click through associations, exposing relationships and, importantly, what was excluded.
QlikView, launched in the mid-1990s, made the company a European business intelligence success. The headquarters eventually moved to the Philadelphia area while product and engineering kept a Swedish center.
The company went public on NASDAQ in 2010, rode the self-service BI wave against Tableau and Microsoft, then stumbled as cloud rivals outgrew it. Thoma Bravo took it private in August 2016 for roughly $3 billion, ending six years on the public market.
Under PE ownership Qlik rebuilt through acquisition. Attunity in 2019 added data replication; Blendr.io brought integration automation; Big Squid added machine learning. The two biggest moves were Talend in May 2023, which folded a large data integration and quality business into Qlik Talend Cloud, and Upsolver in early 2025, which added real-time streaming and Apache Iceberg optimization.
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The 2020s repositioned the brand from "BI tool" to end-to-end data platform: integration, quality, governance, analytics, and AI products including Qlik Answers and agentic capabilities for the AI era.
About Qlik Technologies Inc.
What does Qlik Technologies do?
Qlik sells an enterprise data platform covering data integration, quality, governance, analytics, and AI. Its associative analytics engine lets users explore data interactively, while the Talend and Upsolver product lines handle moving and preparing data for analytics and AI workloads.
Who owns Qlik Technologies?
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Thoma Bravo is the majority owner, having taken Qlik private in 2016 for about $3 billion. The Abu Dhabi Investment Authority led a minority investment that closed in 2025, leaving Thoma Bravo in control.
Is Qlik publicly traded?
No. Qlik traded on NASDAQ from 2010 to 2016 before the buyout. It is now private, though its debt is publicly rated: Fitch assigns a B issuer default rating with a stable outlook.
Where is Qlik headquartered?
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The company is headquartered in King of Prussia, Pennsylvania, near Philadelphia, with major product and engineering operations in Lund, Sweden, its founding city, and additional centers in India and worldwide.
Who is the CEO of Qlik?
Saugata Saha took over as CEO in 2026, succeeding Mike Capone. Capone had led the company since 2018 through the Talend merger and the ADIA investment.
How big is Qlik?
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Qlik employs roughly 4,400 people and serves more than 40,000 customer organizations, including about 75% of the Fortune 500. As a private company it does not disclose revenue, which analysts estimate in the high hundreds of millions annually.
- Founded: 1993
- Headquarters: King of Prussia, Pennsylvania, United States
- Company Type: Privately Held
- Revenue: Estimated in the high hundreds of millions (private)
- Employees: Approximately 4,400
Where Is Qlik Made / Based?
- Headquarters: King of Prussia, Pennsylvania, United States
Qlik Categories & Tags
Awards & Recognition
Qlik is a consistent Leader in the Gartner Magic Quadrant for Analytics and BI Platforms, a streak spanning well over a decade, and holds leader positions in Gartner's data integration tools evaluations following the Talend combination. Industry coverage has also recognized its associative engine as a genuinely differentiated approach to data exploration.
Qlik Ownership: Pros & Cons
Advantages
- +Thoma Bravo sponsorship funds an aggressive acquisition-led platform build
- +Talend and Upsolver deals created an end-to-end data stack rivals lack in one bundle
- +Deep enterprise installed base across 40,000 customers
- +ADIA's minority investment added a deep-pocketed sovereign partner
Considerations
- -PE ownership brings leverage that constrains investment flexibility
- -Power BI bundling and Snowflake or Databricks adjacency compress growth
- -CEO transition in 2026 adds execution risk during the AI repositioning
- -Integration of multiple acquired platforms taxes engineering focus
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Frequently Asked Questions About Qlik
Sources & Further Reading
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Competitors to Qlik
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Salesforce | USA | 2003 | Market leader | Global | All Genders |
Competitive Analysis
Market Positioning: Qlik competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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