IDBS, a leading provider of innovative data management solutions to multinational R&D organizations, today announced that it has concluded an unconditional agreement to acquire InforSense Ltd (InforSense), a company providing award-winning scientific and business intelligence (BI) technologies, in an all-cash transaction. The acquisition will complete in July.
R&D organizations in the public and private sectors rely upon their ability to capture, integrate and interpret their data. This is increasingly hampered by the explosion in volume and diversity of data available to scientists, the global scale of modern R&D activities and the requirement for data to be accessed and searched in context. InforSense's rapid data integration technologies and web-based interactive analytics perfectly complement IDBS' strong suite of secure, context-rich data management solutions. This transaction creates a unique supplier who can deliver the entire capture, integration and decision-making infrastructure for R&D organizations worldwide.
With the addition of the InforSense product portfolio, IDBS will expand its large scale data integration activities to support international data sharing and broaden its life sciences portfolio into the emerging growth area of biomarker development and personalized medicine. The InforSense brand, its products and partnerships will continue to be vigorously developed, marketed and supported around the world.
Article sourced from www.idbs.com, click here to read full story.
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