|
by Chris Chiappinelli, MA Editorial Staff Posted on Tuesday, May 22, 2007 5:46:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | The deal to purchase Inxight, a provider of text analytics for unstructured data, will extend Business Objects' applications into parts of the enterprise that generate voluminous amounts of data, but are seldom analyzed. |
| Keywords: | Business Objects acquisition, Inxight, business intelligence consolidation, unstructured data, text analytics, unstructured information, SmartDiscovery |
In pursuit of a more holistic portfolio of business intelligence products, Business Objects SA today announced that it would acquire privately held Inxight Software, Inc. for an undisclosed sum. Since being spun out from Xerox Palo Alto Research Center in 1997, Inxight has risen to the top tier in a small field of text analytics suppliers and is profitable, with annual revenue of approximately $25 million. On a conference call today to discuss the deal, Business Objects officials said they had signed a definitive agreement with Inxight and expect to close the deal by July. The acquisition will bring to Business Objects Inxight's flagship SmartDiscovery-brand software for text analytics, federated search, and information visualization, all focused on the unstructured data that makes up 80% or more of a company's information stream, according to some estimates. Among other sources, this data derives from e-mail and chat threads, service notes, and phone call logs — free-flowing, textual information that does not line up in organized categories, such as those found in a spreadsheet document. [Click to continue] |
|
|
|
|