Business Objects, a provider of business intelligence (BI) solutions, has closed the acquisition of privately-held Inxight Software, Inc., a 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 is intended to provide organizations with a BI solution to address a breadth data assets. 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 organizational data. Inxight brings a combination of text analytics, federated search, and visualization capabilities to the BusinessObjects XI platform to enable the discovery, management, and analyzing of unstructured content inside and outside of organizations.