The acquisition brings analytics to the OpenText portfolio of products that enable customers to analyse and visualise a broad range of structured, semi-structured, and unstructured data.
OpenText President and CEO Mark J. Barrenechea said the acquisition complemented OpenText’s existing information management and B2B integration offerings, with Actuate offering increased business process efficiencies, greater brand experience and personalised insight for better and faster decisions via analytics and visualisation.
Barrenechea said OpenText customers will now benefit from added analytic capabilities to their existing deployments and a new breed of analytics that provide insight across entire business flows.
“Actuate is a market leading provider of analytics, visualisation and big-data insights, with 20 years of experience enabling large enterprises, the embedded markets, and the developer. It is an honour to welcome Actuate customers, employees and partners to OpenText.”
Barrenechea said Actuate will continue to serve the embedded analytics market, the developer, and will be “deeply integrated into OpenText Products and OpenText, enabling OpenText to deliver analytics for the entire EIM suite based on a common platform, greatly reducing the total cost of ownership for OpenText customers and providing a comprehensive view that enables business insight on a more elevated, strategic level”.