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Pentaho Announces Strategic Technology Acquisition

Monday, October 5, 2009

Pentaho Corporation, the commercial open source alternative for business intelligence (BI), today announced a strategic technology acquisition of technology assets from LucidEra, the early pioneer in Software-as-a-Service (SaaS) business intelligence. The new technology will be packaged as “Pentaho Analyzer Enterprise Edition” and extends Pentaho’s capabilities to enable business users to intuitively analyze information, while adding yet another SaaS-ready product to Pentaho’s BI portfolio.

“The economic challenges of the last year have only accelerated market adoption of Pentaho’s proven commercial open source BI suite,” said Richard Daley, CEO of Pentaho Corporation. “We’ve executed well and that has enabled us to make strategic investments that expand our market opportunity No other player can address the full spectrum of BI requirements for on-premises, SaaS and Cloud BI deployments with the low TCO of commercial open source like Pentaho.”

The acquired technology, developed originally by LucidEra and known as “Clearview,” provides intuitive, sexy, web-based interactive analytical reporting and analysis to let non-technical business users quickly understand business information. It will be delivered as the front-end interface of the Pentaho Analysis product line for on-premises and cloud-based deployment, and via Pentaho partners who deliver SaaS applications.

Article sourced from www.pentaho.com, click here to read full story.

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