Wednesday, Jun 19th
Last update04:53:18 PM GMT
Letter from the CEOs:
Hello, I’m Michael Morrison, President and CEO of Datawatch. I am excited to announce that Datawatch Corporation, the leading global provider of information optimization solutions, has reached a definitive agreement to acquire Panopticon Software AB, a privately held Swedish company specializing in the delivery of real-time data discovery solutions.
Willem De Geer, Managing Director of Panopticon, and I believe that the combination of Datawatch and Panopticon represents a transformative event for both companies and the Big Data analytics market as a whole. By combining the Datawatch Information Optimization Platform’s ability to access virtually any data source, regardless of its structure, with Panopticon’s ability to deliver real-time data through a visual discovery paradigm, customers and partners will be able to deliver applications that utilize the greatest variety of data, delivered at the speed of business, in an impactful visual environment.
To our current customers and partners, we would like to thank you for your support and to let you know that we will be working to make this event a positive experience for you both in terms of technology advancements and business relationships. We are committed to continue to provide you high quality products and services during this process, and to communicate with you frequently to keep you updated as to our progress.
We are both excited about the opportunity this combination brings to extend our value in the Big Data and analytics market where data variety, velocity and visualization are imperative to delivering high value applications that provide rapid ROI. If you would like to learn more about Datawatch or this transaction, please visit us at www.datawatch.com.
Sincerely,