SAS acquires Teragram

MUMBAI, INDIA: Business Intelligence and advanced analytics provider SAS has acquired Teragram, a privately held company for an undisclosed amount.

Cambridge, Massachusetts headquartered Teragram, which employs 40 persons, will operate as an SAS company. The company deals in natural language processing and advanced linguistic technology.

The acquisition will enhance SAS’ text mining and analytical BI offerings, extending to enterprise and mobile search.

“Teragram’s technologies augment, strengthen and extend SAS’ ability to combine structured and unstructured data -- not only in our text mining solution but embedded across the entire SAS Enterprise Intelligence Platform -- to drive better answers faster,” said SAS CEO Jim Goodnight.

“We’re pleased to join a company that delivers the software businesses need to blend structured and unstructured data and reach better, timelier and more accurate decisions,” said Yves Schabes, president, Teragram.

Teragram’s clients include Ariba, Ask.com, Associated Press, CNN, Factiva, EBSCO Publishing, FAST Search & Transfer, Forbes.com, InfoSpace, NYTimes Digital, OneSource, Reed Business Information, Ricoh, Sony, WashingtonPost.com, Wolters Kluwer, the World Bank and Yahoo.