Denmark-based TimeXtender Acquired Exmon Iceland-based Exmon, a provider of master data management and data governance tools.
This is a big step that will improve TimeXtender’s product through improvements to Data Quality, Master Data Management, Governance, and Compliance. It also fits nicely with the company’s product vision.
Heine Krog Iversen, the CEO of TimeXtender, shared his insights on the acquisition, “Integrating Exmon into our ecosystem represents our continuous effort to enhance the value we provide, while also strengthening the expertise we bring to the table. The synergy between TimeXtender and Exmon offers a robust governance layer, ensuring data accuracy, consistency, and accessibility, making data management an easier task for our users.”
Exmon’s Gunnar Magnusson reflected on the acquisition, stating, “Joining forces with TimeXtender supports our shared vision of simplifying data governance into a broader arena. This synergy is a significant win for both existing and prospective customers, as it substantially lowers the barriers to effective data management.”
With the capacity to meet the various data governance and management requirements of various industries and organisation sizes, TimeXtender’s and Exmon’s partners will now be capable to offer their clients a richer, more complete solution, growing their market reach and generating more chances for business growth.
For current clients, the acquisition demonstrates a continued dedication to development, guaranteeing that their investment in TimeXtender’s product always evolves to satisfy the growing needs for data governance.
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TimeXtender’s solution, which now offers a whole spectrum of data management and governance capabilities in a single, low-code user interface, is going to appeal to potential clients more.
TimeXtender’s objective of streamlining data management through automation and guaranteeing that businesses have access to clean, reliable, and actionable data for increased operational efficiency is in line with its acquisition of Exmon.
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TimeXtender is a comprehensive data integration solution that offers all the functionality you need in a single, low-code user interface to help you quickly and effectively establish an agile data and AI infrastructure.
At Exmon, they provide reliable data for assisting data-driven business decisions. Their goal is to allow organisations to use real-time data to make informed decisions.