Business Objects Closes on Inxight

Business Objects announced it has closed the acquisition of privately held Inxight Software

July 6, 2007

1 Min Read
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SAN JOSE, Calif. and PARIS -- Business Objects (Nasdaq:BOBJ) (Euronext Paris ISIN code: FR0004026250 - BOB), the world's leading provider of business intelligence (BI) solutions, today announced it has closed the acquisition of privately-held Inxight Software, Inc., a leading provider of software solutions for unstructured information discovery, including text analytics, federated search, and data visualization. All customary closing conditions and shareholder approvals have now been completed. Financial details of the transaction were not disclosed.

The combination of Business Objects and Inxight Software will provide organizations with a comprehensive BI solution to address all of their data assets. With the combined technology, companies will have streamlined 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 percent of all organizational data. Inxight brings a compelling combination of text analytics, federated search, and visualization capabilities to the BusinessObjects XI platform to enable customers to easily discover, manage, and analyze unstructured content inside and outside of their organization.

Business Objects SA (Nasdaq:BOBJ)

Inxight Software Inc.

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