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Actuate will continue to serve the embedded analytics market, the developer, and will be integrated into OpenText Products and OpenText.
Actuate provides software to more than 3.5 million BIRT developers and OEMs who build scalable, secure solutions that save time and improve brand experience by delivering personalized analytics and insights to over 200 million of their customers, partners and employees.
"By acquiring world-class technology and talent at Quiterian, we're taking powerful analytics and visual data mining technologies that have demonstrated traction in Spain to the rest of the world via our direct, OEM and partner channels," said Pete Cittadini, President and CEO at Actuate. "We're eager to add Quiterian's leading-edge predictive analytics and data mining capabilities to the growing set of powerful technologies that BIRT developers can use to create applications that deliver insights.
Both organizations will devise a joint curriculum for BI software design, with Actuate providing the necessary infrastructure in terms of software licenses, training and consulting services.
"Our customers are interested in ways to quickly, securely, and cost-effectively deploy Enterprise Reporting Applications to a broad range of users, especially their customers and partners outside the firewall," said Nobby Akiha, vice president of marketing for Actuate. "Many organizations are taking a close look at how Linux will help achieve these goals.
A rapid take-up of Actuate ales to leading organisations such as DHL, American Express and Prudential support Thoma's claim that while less than 5% of employees in Global 2,500 require query and analysis tools in order to do their jobs effectively, there is a vast - and still largely untapped - market for tools that enable information delivery to much larger groups of 'information consumers'.
The company said it plans to commence a tender offer for all of the shares of common stock of Actuate within seven business days.
Actuate provides software to more than 3.5m BIRT developers and OEMs who build scalable, secure solutions that save time and improve brand experience by delivering personalized analytics and insights to over 200 million of their customers, partners and employees.
The beta milestone builds of Actuate 10 are available for preview and download at http://www.birt-exchange.com/wiki/Actuate_ 10/.
of plunger travel to actuate. Electrically actuated LTV valves utilize DIN solenoids featuring three-prong totally encapsulated coils.
Logan said that OEMs and users also requested the option to actuate the clutch using a pushbutton or toggle switch from a remote location, such as a control panel on the engine or from inside a cab, sheltered from the elements.
Actuate Corporation (Nasdaq:ACTU), the world leader in scalable Business Intelligence Applications, recently announced that third-party interactive reporting tests have confirmed that Actuate 7 running on a server cluster of three machines supports 48% more concurrent virtual users than Crystal Enterprise 9 does in a six machine cluster of equivalent hardware.