On March 25, 2010, TIBCO Software announced that they acquired Netrics, a small, private data matching vendor. TIBCO and Netrics had a pre-existing OEM relationship that was originally announced in June 2009, where TIBCO embedded the Netrics match engine into its Collaborative Information Manager (CIM) master data management (MDM) solution.

Netrics differentiates its advanced matching engine by describing how it “Matches data based on a mathematical model that mimics human perception of similarity, identifying hidden relationships in the data.” The Netrics matching engine includes a self-learning capability that improves the confidence in its matches over time by also evaluating manual matches made by business users. Netrics business and technology approach to this market made it a ripe (and obvious) acquisition target since it developed the match engine to be completely embeddable in existing applications with the vast majority of its revenue coming from OEM and SI channels. In addition to TIBCO, Netrics current MDM OEM partners also include Data Foundations and Kalido. This bodes well for TIBCO’s ability to further integrate these capabilities into its product portfolio.

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