Datawatch Corporation, the provider of information optimization solutions, has agreed to acquire Panopticon Software AB, a privately held Swedish company specializing in the delivery of real-time visual data discovery solutions.
Panoptican Software provide high performance real-time visual data discovery to speed up business processes. used in many areas with Cap Markets, and in a number of trading platforms to visualise market sector performance, and in FX for liquidity visualisation. (demo site here).
Michael A. Morrison, President and CEO of Datawatch, said:
“This acquisition will immediately benefit our combined customers, partners and prospects by allowing them to accelerate the development and deployment of solutions that use the wide variety of data formats and sources present in every organization.
…..Our collective capabilities to address Big Data opportunities are vastly improved with the high velocity access enabled by Panopticon’s real-time visual data discovery solution and the variety of data sources and formats that can be transformed by the Datawatch Information Optimization platform.”
So, another Big Data play, following last weeks sale of Streambase to TIBCO and Apama to Software AG.
Full story on Panoptican here
Filed under: CEP, Technology Trends, Web trading technology |
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