Sterling Software Buys Information Advantage for $163m.
A spokesperson for Sterling said it was still too early to comment on points of integration between to the two companies' software but it's clear there will certainly be some overlap. Both have query and reporting tools and Sterling also recently announced a Java-based portal called Vision Kaleidoscope. The spokesperson denied that having two portals would be confusing for prospective customers. "The two fit together perfectly," he said. While he tried to point out the differences between the two portals, "theirs has a robust back end and ours has a robust front end," he wasn't able to say whether Sterling planned to roll the two into a single offering. He added that Information Advantage's MyEureka's uses a content server, which Sterling doesn't have, and that it has a relational OLAP engine, while Sterling's is multidimensional. Other than that, he said more details on integration are expected by the end of August. He added that the overall aim of the merger was to boost Sterling's position in the BI market. "We've been a player for some time now, but not really a big one," he said, "with this acquisition we want to become one of the leading vendors."
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|Date:||Jul 19, 1999|
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