The acquisition will augment Informatica’s IDMC platform, which will combine Privitar’s data access management capabilities along with Informatica’s Claire AI engine to automate application of policy-based privacy and access controls. Credit: KrulUA / Simon Carter / Peter Crowther / Getty Images Enterprise data management vendor Informatica on Wednesday said that it has acquired London-based startup Privitar for an undisclosed sum in order to boost the data access management capabilities of its Intelligent Data Management Cloud (IDMC). IDMC, which was launched in May 2021, is a suite that sits on top of enterprise databases and manages data from various data sources by ingesting, cataloging, and applying data governance rules. The acquisition is significant because the proliferation of generative AI has sparked enterprise concerns about data security, and enforcement of data access management policies is thought to one way of tackling such concerns. Privitar, which was founded by Gerard Buggy, Jason du Preez, and John Taysom, currently offers a data privacy platform. After the acquisition, Informatica’s IDMC platform will combine Privitar’s data access management capabilities with its Claire AI engine to automate application of policy-based and access controls, the companies said in a statement. “Adding Privitar’s data access management and privacy solution to the IDMC platform supports critical, high-growth use cases around cloud analytics, governance, data mesh, and data marketplace,” they added. In May, Informatica added generative AI capabilities to its IDMC suite via the addition of ClaireGPT and AI copilot. Informatica’s acquisition of Privitar is expected to close in the third quarter. The startup has raised approximately $150 million from investors including Warburg Pincus, Accel Partners, Salesforce Ventures, Citi, HSBC Venture Capital Coverage Group, IQ Capital, Partech, and ABN AMRO Ventures. Related content brandpost Sponsored by Canon NZ Why your business needs a cloud-based print management solution If your business isn’t using a cloud-based print management solution, you’re missing out on a range of efficiency, environmental and security benefits. By Canon New Zealand May 02, 2024 5 mins Managed Cloud Services opinion The cyber pandemic: AI deepfakes and the future of security and identity verification Attackers have seen huge success using AI deepfakes for injection and presentation attacks – which means we’ll only see more of them. Advanced technology can help prevent (not just detect them). By Aaron Painter May 02, 2024 5 mins Artificial Intelligence Security brandpost Sponsored by Cisco Transform the modern data center: From today to the future Embrace agility, elasticity, and cognitive intelligence capabilities for a data center strategy that’s performance-ready and sustainable for the future. By Murali Gandluru May 02, 2024 4 mins Networking brandpost Sponsored by TCS and Microsoft 5 keys to optimizing ROI on your Cloud Center of Excellence 5 keys to optimizing ROI on your Cloud Center of Excellence CoE adoption is on the rise – but success means evaluating relevance, staying connected, building a strong team, continuous innovation, and transforming culture. By Tata Consultancy Services May 02, 2024 2 mins Manufacturing Industry Cloud Computing PODCASTS VIDEOS RESOURCES EVENTS SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe