Game Change Agency offers their congratulations to GCA Member, Game Changer Lonne Jaffe on joining the Board of Directors at Syncsort!
About Lonne Jaffe
Lonne had been CEO of Syncsort for over 2.5 years, during which time he and the hundreds of Syncsort employees worldwide were focused on accelerating the business both organically and through acquisition, with a particular focus on fast-growing Big Data platforms such as Apache Hadoop and Splunk. Syncsort was acquired by Clearlake Capital Group in October 2015.
Previously, Lonne was the Senior Vice President for corporate strategy at CA Technologies, responsible for the development and execution of the company’s long-term technical and acquisition-related strategic initiatives.
Before joining CA, Lonne was a Vice President at IBM, where he led a variety of sizable software acquisitions as well as technology growth strategy for two multi-billion dollar software divisions.
Prior to this, he led IBM’s software businesses for the healthcare, life sciences, government, and education industries, including technical strategy, software product research and development, acquisition planning, and new business development.
Lonne holds undergraduate and advanced degrees from Harvard University.
He is now Managing Director at Insight Venture Partners, a leading global private equity and venture capital firm founded in 1995. For more on this announcement click here.
To learn more about Lonne visit here.
Syncsort is a provider of enterprise software and the global leader in Big Iron to Big Data solutions. As organizations worldwide invest in analytical platforms to power new insights, Syncsort’s innovative and high-performance software harnesses valuable data assets while dramatically reducing the cost of mainframe and legacy systems. Thousands of customers in more than 85 countries, including 87 of the Fortune 100, have trusted Syncsort to move and transform mission-critical data and workloads for nearly 50 years. Now, these enterprises look to Syncsort to unleash the power of their most valuable data for advanced analytics. Whether on-premise or in the cloud, Syncsort’s solutions allow customers to chart a path from Big Iron to Big Data.
On August 17th, 2017 Centerbridge Partners completed a $1.26 Billion acquisition of enterprise software providers Syncsort Incorporated and Vision Solutions from affiliates of Clearlake Capital Group. As previously announced, Clearlake, which acquired Syncsort in 2015 and Vision in 2016, is retaining a minority ownership stake in the combined company. (Lonne Jaffe who was previously on the Board of Vision Solutions is now on the board of the combined company, which will be called Syncsort).
To learn more about the acquisition visit here.
To learn more about Syncsort visit here.