HiQube Update
February 15, 2009
Beyond Search miniprofiled HiQube here in May 2008 when it was launched as a new company. HiQube emerged from Hicare Research (http://www.hicare.it or http://www.hicare.com), which had been bought by Altair Engineering in January 2007 and renamed. Here comes the shuffleboard. In September 2008, Altair and Hicare (which Altair had supposedly absorbed), announced an agreement to continue their business intelligence work independently–both using the HiQube technology.
In my opinion, what the agreement boils down to is that Altair received full ownership of HiQube while the Hicare founders got their company back, and both now have the right to all the software assets of HiQube. Altair and HiQube are moving into engineering software, and Hicare is sticking to its business intelligence product, Lillith. It seems a bit foggy, as the same vague news release was posted on all three sites. Neither hicare.com nor hiqube.com have posted a news post since the one in September (although Hicare had a Lillith update in October). This url–http://www.altair.com/hicare –happily delivered up a 404 on February 14, 2009. But Altair seems to be chugging right along. If more substance becomes available, I will pass it along.
Stephen Arnold, February 15, 2009
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