Comment
Comment by dgudkov
I've been following Qlik and their competition with Tableau for quite a while. Qlik is a bigger and older company than Tableau. It's more focused on the technical side of data analysis rather than on UI/UX (Tableau does the opposite). They reached the point where their old product (QlikView) has accumulated too much technical debt so they don't develop it actively anymore. But their new product (Qlik Sense) is not ready for prime time yet (again because of shortcomings in UI/UX), even though it's very ambitious as it's basically a development platform (think Meteor for analytical apps). It seems like going private would give the company management more freedom to make bold decisions. Staying public meant having extra pressure from public investors which are typically short-term-minded. All in all it's probably a good move for Qlik.