OpenText Acquires Actuate
February 24, 2015
The OpenText- Actuate deal has gone through, we learn from OpenText’s press release, “OpenText Buys Actuate Corporation.” It seems they were not much hindered by that legal snag the arrangement encountered at the end of last year. The press release reports:
“Complementing OpenText’s existing information management and B2B integration offerings, Actuate offers increased business process efficiencies, greater brand experience and personalized insight for better and faster decisions via analytics and visualization. OpenText customers will now benefit from added analytic capabilities to their existing deployments and a new breed of analytics that provide insight across entire business flows.”
“Actuate will continue to serve the embedded analytics market, the developer, and will be deeply integrated into OpenText Products and OpenText, enabling OpenText to deliver analytics for the entire EIM suite based on a common platform…. Designed to be embeddable, developers can use the platform to enrich nearly any application, whether it is deployed on premises or in the cloud.”
Founded in 1991 and based in Waterloo, Ontario, OpenText supplies its clients with enterprise content management, business process management, and customer experience management tools. Actuate is headquartered in San Mateo, California, and was launched in 1993. The company founded and co-lead the Eclipse BIRT (Business Intelligence and Reporting Tools) open source project.
Cynthia Murrell, February 24, 2015
Sponsored by ArnoldIT.com, developer of Augmentext
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