June 29, 2010 | Story by: Matt Young | Categories: Business, News
Cary, NC – SAS has acquired Memex, an intelligence management solutions company working to help improve intelligence processes, enhance public safety, and prevent and deter crime, terrorism and other threats, the company tells the CaryCitizen.
Memex has a presence in the law enforcement and homeland security markets. SAS is already a player in the worldwide public security and safety markets and intends to carve out a global leadership position, according to SAS CEO Jim Goodnight. Ian Manocha, Managing Director, SAS UK and Ireland will serve as Memex Chairman.
“The Memex acquisition is a key element of our global initiative to enhance our law enforcement, criminal justice, homeland security and intelligence offerings. I want SAS to be the first company public security organizations call to help them apply analytics to solve crime and protect citizens.”
With the acquisition SAS plans to be able to target the emerging market for fusion centers, which combine the resources of multiple law enforcement agencies. Several US states and major cities have fusion centers that are using Memex technology.
Ian Manocha
The move is consistent with SAS’ strategy of acquiring companies with crucial technologies that enhance or extend SAS’ own product line.
Within the past two years, according to their media feed, SAS has also aquired Teragram – a 40-person firm headquartered in Cambridge, MA, expanding SAS’ analytical portfolio with natural language processing and advanced linguistic technology and IDeaS Revenue Optimization, a 200-person Minneapolis firmworking on analytics, business intelligence and industry-specific solutions for the travel and hospitality industries.
Both SAS and Memex are privately held. Financial terms of the acquisition are not available.
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