LexisNexis in Europe Acquires Analytics Firm Datops
Datops Enables Analysis of Web and LexisNexis® Premium Information Sources in Multiple Formats, Languages and Character Sets
PARIS, France, December 08, 2006 - LexisNexis in Europe, a leading provider of information and services solutions, today announced the acquisition of Datops, a leading provider of analytical solutions for large corporations, financial services and public sector organisations. The Datops solution will enable LexisNexis customers in various functions to spot emerging market trends, anticipate financial portfolio risks and maximize research and development effectiveness.
The deal will allow LexisNexis to combine Datops’ expertise in text analytics software solutions with LexisNexis’ technology and premium information sources such as the Financial Times, Le Monde, El Pais, The Guardian, Frankfurter Allgemeine Zeitung, Het Financieele Dagblad, The New York Times, and The Economist.
“In today’s information economy, organizations often spend too much time sifting through information and not enough time on analysis and decision-making,” said Rob Veneboer, Managing Director of LexisNexis in Europe for Corporate & Public Markets. “The addition of Datops to LexisNexis analytics solutions enables information-driven organizations to derive actionable intelligence. This acquisition is an example of how LexisNexis is delivering on its strategy to be a total solutions partner for customers.”
The first markets slated to offer Datops solutions are the United Kingdom, France, Germany, The Netherlands, Luxembourg and Belgium. In time, other markets will also offer solutions based upon Datops technology assets.
Datops solutions can scan and analyze large amounts of unstructured data, in multiple languages and in different formats, including audio and visual. The data is assessed for tone, origin and source credibility and presents summaries of the results in customized, dashboard-like views to allow users to manage risk, track competitors, monitor trends and capitalize on opportunities.
“We are proud to join LexisNexis as the most powerful global player to fuel our results worldwide after ten years of key customer developments in text mining technologies and the data analytics market. Together we’ll bring to clients a broader spectrum of sources (off-line and on-line) with in-depth decisional analytic tools and human support,” said Louis Gay, Datops founder and Managing Director.
Datops has more than 40 employees based in Paris and Nimes, France. Customers include Forbes 500 firms.
About LexisNexis
LexisNexis® (www.lexisnexis.com) is a leading provider of information and services solutions, including its flagship Web-based Lexis® and Nexis® research services, to a wide range of professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. A member of Reed Elsevier Group plc [London: REL; Amsterdam: REN; NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), LexisNexis serves customers in 100 countries with 13,000 employees worldwide.