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 feature New US CIO appointments, May 2024 Congratulations to these 'movers and shakers' recently hired or promoted into a new chief information officer, senior IT, or board role. By Martha Heller May 08, 2024 9 mins CIO Careers IT Leadership feature The extent Automic’s group CIO goes to reconcile data Cathy O'Sullivan, CIO editor-in-chief for APAC, recently sat with Marcelo Dantas, group CIO at Automic Group, to discuss completing one of the largest-ever registry services transitions in Australia, keeping pace with technology, and why cyberse By CIO staff May 08, 2024 9 mins CIO Cloud Native Data Quality feature Expion Health revamps its RFP process with AI The healthcare cost management firm built a customized AI tool to streamline an error-prone process for gaining new customers. Now, it’s considering selling the project for external use. By Grant Gross May 08, 2024 6 mins CIO 100 Healthcare Industry Digital Transformation feature Ways IT leaders can meet the EU AI Act head on The biggest mistake companies of all sizes could make is to put conformity before innovation, according to EU AI Act co-rapporteur Dragoș Tudorache. By Andrada Fiscutean May 08, 2024 6 mins CIO Military Regulation 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