Actuate has joined in this month's business intelligence software merger mania, announcing its acquisition of Seattle data integration products developer, Nimble Technology. Financial terms of the deal were not disclosed.
Actuate makes software that lets organisations create analysis and reporting applications. The company said it would incorporate Nimble's XML (Extensible Markup Language)-based information integration technology into its own Actuate 7 platform, to further Actuate's software's integration with a range of XML-enabled systems.
The combination of the two products was scheduled to be completed in six to nine months, according to an Actuate spokesperson.
The technology in the Nimble Integration Suite will help Actuate customers create analysis applications tapping disparate data sources, such as databases, Web pages, proprietary systems and data warehouses, the companies said.
The so-called business intelligence sector of data analysis tools was one of the software market niches analysts say is primed for consolidation. Last week, Hyperion announced plans to buy Brio Software for $US142 million, days after Business Objects said it would acquire Crystal Decisions for $US820 million.
Actuate has 2000 direct customers and several hundred reseller partners, in an array of industries including financial services, pharmaceuticals, insurance and government.
Nimble has 30 employees, 12 of whom would join Actuate's staff of 500. Actuate plans to continue operating Nimble's Seattle office, the spokesperson said.