LexisNexis in Europe has announced the acquisition of Datops, a leading provider of analytical solutions for large corporations, financial services and public sector organizations. The Datops solution will enable LexisNexis customers in various functions to spot emerging market trends, anticipate financial portfolio risks and maximize research and development effectiveness. The deal will allow LexisNexis to combine Datops’ expertise in text analytics software solutions with LexisNexis technology and premium information sources such as the Financial Times, Le Monde, El Pais, The Guardian, Frankfurter Allgemeine Zeitung, Het Financeele Dagblad, The New York Times and The Economist.
Eps Insight Commentary: As content becomes more widely available online, the ability of aggregation services to make sense of the continual torrent of information has become ever more valuable. The US launch in June 2006 of LexisNexis Intelligence Analysis Solutions signaled the company’s move into collating and analyzing information for the intelligence community. In Europe, LexisNexis has a similar goal, and has just acquired Datops to provide its analytics arm. Source: Company Press release and EPS Insights 2006-12-15 www.epsltd.com