REDMOND, Wash. - Oct. 9, 2009 - Noetix Corp., a software provider that automatically generates business intelligence (BI) content from enterprise applications, announced today it has completed the acquisition of privately-held business analytics company, Jaros Technologies Corp., for an undisclosed sum.
Jaros, headquartered in Granite City, Ill., is a provider of BI packaged analytics solutions. The company incorporates industry-specific, best practices within its packaged data models, reports and dashboards to manage the performance, scalability, and data integration requirements of some of the world's largest companies. Pre-built adapters for Oracle E-Business Suite reduce costs and speed implementation time.
With the addition of Jaros' technology, Noetix delivers a complete BI solution for Oracle E-Business Suite customers, offering real-time reporting plus packaged analytics based on a data warehouse architecture. This affordable product offering will significantly reduce the manual effort and time required to execute a data warehouse strategy.
"The data warehouse has become an increasingly important component for many corporate BI strategies and the Jaros acquisition diversifies our portfolio to address those market needs," said Noetix CEO Morris Beton. "From small and midsize businesses to large global organizations, Noetix provides Oracle E-Business Suite customers with solutions for the full spectrum of their operational and strategic reporting requirements."
Noetix has retained all Jaros employees including the management team to ensure a smooth transition for Jaros customers. The Granite City office will continue to provide on-going support via their normal channels.
"As a leader in business intelligence performance and analytics with nearly a decade of experience helping customers succeed at integrating and unlocking data from within their enterprise applications, Jaros is a natural fit to extend Noetix's family of products," said Jaros CEO Paul Scheibal. "We are excited to join Noetix and to be a part of an integrated solution that combines our companies' innovative technologies and best practices."
About Noetix
More than 1,400 customers worldwide use Noetix to quickly and cost-effectively access the enterprise application data they need to make important business decisions every day. By providing instant, configuration-specific operational reporting and ad hoc query for Oracle E-Business Suite, PeopleSoft Enterprise, and Siebel CRM, Noetix delivers the fastest time to business answers. Our patented, metadata-driven technology and lean architecture deliver immediate access to data, resulting in the lowest-cost BI solution to acquire, implement, and maintain. Easy search and navigation capability allows users to create ad hoc reports and answer their own operational questions without additional assistance from IT staff. Noetix's proven technology is being used by industry-leading customers worldwide, including: Cummins, Motorola, Starbucks, Toshiba, Welch's, and Visa. The company is headquartered in Redmond, Wash., with international operations in London and Hyderabad, India.
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