Business Objects has closed the acquisition of privately-held Inxight Software, a provider of software solutions for unstructured information discovery, including text analytics, federated search, and data visualisation.
By submitting your email address, you agree to receive emails regarding relevant topic offers from TechTarget and its partners. You can withdraw your consent at any time. Contact TechTarget at 275 Grove Street, Newton, MA.
Financial details of the transaction have not been disclosed but all customary closing conditions and shareholder approvals have now been completed.
Inxight brings a combination of text analytics, federated search, and visualisation capabilities to the BusinessObjects XI business intelligence platform to enable customers to discover, manage, and analyse unstructured content inside and outside of their organisation.
With the combined technology, companies will have access to both structured information within databases and data warehouses, and unstructured information such as emails, documents, notes fields, and web content that is estimated to comprise more than 80% of all organisational data.
"Federated search, text analytics, and unstructured data access are an important, and often untapped, source of knowledge for many companies, said John Schwarz, chief executive officer of Business Objects.