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ANNOUNCEMENT
Merger creates compelling end-to-end data integration solution provider; supports Sypherlink’s leadership position and growth in public sector standards (NIEM) conformance
Campbell,CA – Dec 01, 2009 – Saama Technologies, Inc., a pure-play business intelligence solution provider, and Sypherlink, inc., a data-integration software and NIEM conformance provider, today announced they have merged. The combination of these two well-respected companies creates a compelling value to joint customers in both the commercial and public sector, and supports the shared vision of the companies. According to the terms of the agreement, Sypherlink will operate as a wholly-owned subsidiary of Saama Technologies.
According to Saama CEO, Suresh Katta, the merger creates a major presence in the BI solution and delivery space with:
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Global offices in San Jose, CA; Dublin, Ohio, the UK and in Pune, India;
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Unique data discovery and mapping intellectual property;
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Unique Enterprise BI deployment tools and technologies;
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Major customers in both the commercial space – with leading clients in the pharmaceutical, high-technology and financial services industries – and in the public sector among federal, state and local agencies; and
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More than 50 consecutive quarters of profitability.
“Sypherlink’s unique data discovery and mapping technology and pre-ETL focus provides tremendous value to improving the time and quality of our customers’ data management initiatives and strategies,” said Katta. “In addition, the acquisition of these capabilities not only supports our aggressive growth strategy in becoming the leading pure-play BI solution provider, it also provides us immediate access to the significant public safety and national security opportunities that are of critical importance.”
According to Sypherlink CEO, James Paat, “the merger provides Sypherlink the ability to accelerate our product development roadmap and more easily scale to meet the growing demands of our NIEM and public safety customers at the federal, state and local levels, as well as among our partners. In addition, it provides a stronger foothold for our products in the commercial space with such an impressive Saama customer list; and brings us closer to attaining our vision of becoming the leader in assisting information-driven organizations to accelerate the time-to-value for their strategic data integration and data sharing initiatives.”
About Saama Technologies
Saama Technologies, Inc. is a pure-play business intelligence solution provider that has revolutionized the way organizations make decisions through business intelligence. Since 1997, the company has combined its extreme BI technology expertise, unique intellectually property portfolio and strong relationships with the industry’s leading technology providers to deliver pure business intelligence to the world’s largest information-focused organizations. Saama’s customers are Fortune 500 organizations within a wide range of industries, including pharmaceutical, technology, and financial services. For more information, visit www.saama.com.
About Sypherlink
Sypherlink is a data-integration-software and NIEM conformance provider that intelligently links critical information across disparate data sources. The company’s products and solutions are based upon its core, patented heuristics-matching technology for automating the data discovery and mapping process. Sypherlink’s National Information Exchange (NIE) Gateway solution combines this unique technology with pre-built interfaces to rich information sources, and conformance to the national information exchange model (NIEM) to minimize the time and effort for law enforcement and public safety agencies to become NIEM conformant. The company’s client/partner base includes global 1,000 organizations, government agencies, and leading systems integrators and application/tool providers. Sypherlink is a member of the IJIS Institute. Sypherlink is a Saama Technologies company.
Saama Technologies is a trademark of Saama Technologies, Inc. Sypherlink and Sypherlink NIE Gateway are trademarks of Sypherlink, Inc. The names of other actual companies, organizations and/or products/services mentioned herein may be the trademarks of their respective owners.
Contact: Kristy Campbell
kristy.campbell@saama.com
614.652.6883
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