Tuesday, March 25, 2014

Dell Acquires StatSoft for Data Mining

Dell has acquired StatSoft, a provider of advanced analytics solutions that deliver a wide range of data mining, predictive analytics and data visualization capabilities. Financial terms were not disclosed.

StatSoft, which is based in Tulsa, Oklahoma, delivers advanced analytics tools that help organizations forecast future trends to identify new customers and sales opportunities, forecast industry shifts, explore “what-if” scenarios, and reduce the occurrence of fraud and other business risks. StatSoft’s software can be deployed on premises, in the cloud, or as software-as-a-service.