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Siebel to buy nQuire software

E-Business solutions provider Siebel Systems announced on 1 October that it plans to acquire nQuire Software, the data analysis vendor.

nQuire provides real-time data analysis tools that will be incorporated into its vertical applications such as health care, financial services and consumer packaged goods, said Bruce Cleveland, senior vice-president of marketing at Siebel. The nQuire software will eventually become part of the Siebel 7 applications platform.

"The whole purpose of this is to [equip] a company so that in real time you can collect the analytical information," Cleveland said.

The nQuire technology features a Web-based architecture coupled with a scalable analytics server, said Larry Barbetta, chief executive and president of nQuire.

Terms of the planned acquisition were not disclosed.

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