Datawatch Corporation, a provider of information optimization solutions, says it has completed its purchase of Panopticon Software AB, a privately held company based in Stockholm, Sweden. Panopticon's in-memory, high speed solution is used by companies in capital markets, telecommunications, energy and other industries that rely on real-time visual discovery and analytics.
“The Datawatch/Panopticon combination is a great fit strategically and culturally,” said Michael A. Morrison, president and chief executive officer of Datawatch. “Bringing together the leaders in information optimization and real-time visual data discovery will empower our customers to optimize the value of virtually any data, and now do it at the speed their businesses operate – even if that means in real-time.
Datawatch says the Panopticon acquisition extends the Datawatch solution to address business users’ needs to understand and extract value from their data through a rich, visual data discovery experience. With Panopticon, customers get a strong, self-service solution to explore, discover and visualize any variety of data, in real-time.
For more information, visit www.datawatch.com.