SAS Acquires UK Software Firm Memex

Jun 24, 2010

SAS, a provider of business analytics software and services, has acquired Memex, which offers intelligence management solutions that help improve intelligence processes, enhance public safety, and prevent and deter crime, terrorism, and other threats. SAS reports that it intends to grow the business globally under the existing executive management team. Both SAS and Memex are privately held. Financial terms of the acquisition are not available.