DigiMine is acquiring CoRelation, a developer of predictive data mining and personalization systems. Terms of the deal weren’t announced and the acquisition is expected to be finalized in about a week.
Under the merger, digiMine will incorporate CoRelation’s technology, intellectual property and customer base into digiMine’s operation staff. “We offer data warehousing and data mining applications and the acquisition of CoRelation will help us expand into real-time recommendation and personalization,” says digiMine CEO Usama Fayyad.
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