Open Ratings is acquiring Gentia U.K.'s business intelligence software and other intellectual property. Terms of the deal weren't released. As part of the acquisition, Open Ratings will expand its U.S. operations, retaining the company’s international sales and support network, along with development offices outside of London, England.
Gentia’s product set, including its balanced scorecard application, becomes part of Open Ratings’ predictive EPImpact suite.
"Our toolset provides a solution for proactively measuring and managing external suppliers," says Stan Smith, President and CEO of Open Ratings. "The acquisition of Gentia’s software allows us to expand the functionality of BPImpact.
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