SAS acquires UK based global leading firm in intelligence management solutions Memex

SAS reported it had acquired the UK based global leading firm in intelligence management solutions crucial in enhancing intelligence processes Memex. Based in Scotland, Memex is a globally renowned developer of intelligence management solutions that as well enhance public safety and prevent and deter crime, terrorism amongst other security threats.

Memex has a strong presence in the law enforcement and homeland security markets. On its part however, SAS is a considerably global player in public security and safety markets. SAS is currently keen on implementing a plan to curve out a global leadership position to enhance its placement. SAS Chief Executive Officer Jim Goodnight noted that the Memex acquisition is a key element of the firm’s global initiative to enhance its law enforcement, criminal justice, homeland security and intelligence offerings.

Goodnight reiterated his ambition geared at making SAS the foremost firm public security organizations run to for help in the application of analytics to solve crime and protect citizens. On his part though, Ian Manocha, Managing Director, SAS UK and Ireland, who will serve as Memex Chairman, noted that in many countries, the law enforcement, justice, homeland security and defense intelligence markets have been separate, each maintaining its own data.

SAS is expanding its ability to share and use data more efficiently and effectively across local, national and global levels with an aim toward predicting and preventing crime, said Manocha.

With the acquisition, SAS will also be able to target the emerging market for fusion centers, which combine the resources of multiple law enforcement agencies. Several US states and major cities have fusion centers that are using Memex technology.

Memex chief executive officer reiterated his belief that the two firms are a natural fit, adding that the combination of SAS’ business intelligence and advanced analytic offerings with Memex’s enterprise search, information processing and intelligence management offerings for the public security sector is unique within the market place. SAS intends to grow the business globally under the existing executive management team.

The move is consistent with SAS’ strategy of acquiring companies with crucial technologies that enhance or extend SAS’ own product line. The acquisition of Memex will enable SAS to form the key element of an international business to sell both SAS and Memex solutions to the national security, intelligence and law enforcement communities. Both SAS and Memex are privately held. Financial terms of the acquisition are not available.

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