Embedded analytics firms combine
McLean-based Logi Analytics Inc. has acquired Rockville, Md.-based Jinfonet Software, a provider of embedded operational reporting.
Financial details on the deal were not disclosed.
The deal took place three months after Logi and Jinfonet tied for the top rating for embedded analytics in a ranking by Dresner Advisory Services.
Company officials said the two firms share a vision of helping customers create smarter software for mission-critical applications.
Jinfonet offers operational reporting capabilities, while Logi provides advanced dashboards, self-service analysis and predictive analytics.
“As software is becoming the face of most businesses, applications are increasingly being driven by analytics,” Steven Schneider, the CEO of Logi, said in a statement. “By acquiring Jinfonet, we are creating the dominant provider exclusively focused on embedded analytics. Our sophisticated solutions support the most modern capabilities in the industry, including security integration, workflow capabilities, write-back, pixel-perfect operational reporting, and predictive analytics.”
Logi said the Jinfonet acquisition represents a new stage of growth for Logi, enabling it to accelerate its plans to deliver innovative embedded analytics products to application teams worldwide.
Logi also expects to add hundreds of customers and expand its reseller partnerships in Europe and Asia.