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Business Objects to Acquire Text Analytics Leader Inxight Software

Business Objects, a provider of business intelligence (BI) solutions, announced it has entered into a definitive agreement to acquire Inxight Software, Inc. Based in Sunnyvale, Calif., Inxight is a provider of software solutions for unstructured information discovery, including text analytics, federated search and data visualization. Financial details of the transaction, which is expected to close in July of 2007, were not disclosed.

The combination of Business Objects and Inxight Software will provide organizations with a comprehensive BI solution to address all of their data assets. With the combined technology, companies will now have streamlined 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 percent of all organizational data. Inxight brings a combination of text analytics, federated search, and visualization capabilities to the BusinessObjects XI platform to enable customers to discover, manage and analyze unstructured content inside and outside of their organization.

Inxight Software is a privately-held company, with more than 120 employees and 2006 revenues in excess of $25 million. Born out of Xerox PARC, Inxight is a provider of solutions for unstructured information discovery across 32 languages. The company has more than 300 software OEM agreements with companies including IBM, Microsoft, Oracle, SAP, and SAS. Inxight is already a member of the Business Objects Technology Partner Program.

Inxight's suite of products includes powerful search federation; summarization, categorization and clustering; fact and entity extraction; taxonomy creation; and visualization. These products support the analysis and understanding of relationships, trends, timelines and patterns in data that would otherwise go unnoticed.

More information about Business Objects can be found at http://www.businessobjects.com.

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