Transaction

Advised: Memex on its sale to SAS

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Deal summary

  • UK software firm Memex has agreed to be acquired by SAS, the multinational developer of analytics software
  • The acquisition of Memex enabled SAS to form the key elements of an international business to sell both SAS and Memex solutions to the national security, intelligence, and law enforcement communities. Memex enabled SAS to be able to target the emerging market for fusion centers and to combine the resources of multiple law enforcement agencies

About Memex

Memex was a worldwide leader in intelligence management solutions helping to improve intelligence processes, enhance public safety, and prevent and deter criminal acts. Since 1979, Memex delivered innovative technology solutions and services around the world. More than 100 commercial and intelligence organizations relied on Memex to support and develop their intelligence-led operations, significantly improving their decision-making capabilities and operational effectiveness.

About SAS

SAS (previously "Statistical Analysis System") is a statistical software suite developed by SAS Institute for data management, advanced analytics, multivariate analysis, business intelligence, criminal investigation, and predictive analytics.

SAS was developed at North Carolina State University from 1966 until 1976 when SAS Institute was incorporated. SAS was further developed in the 1980s and 1990s with the addition of new statistical procedures, additional components, and the introduction of JMP. A point-and-click interface was added in version 9 in 2004. A social media analytics product was added in 2010.

"The Memex acquisition is a key element of our global initiative to enhance our law enforcement, criminal justice, homeland security and intelligence offerings. I want SAS to be the first company public security organizations call to help them apply analytics to solve crime and protect citizens"
Jim Goodnight CEO, SAS
  • Deal value

    Undisclosed

  • Location

    USA

  • Sector(s)

    Software, Technology, Defence

  • Deal type

    Sale

This deal was made by

Paul Cuatrecasas

Paul Cuatrecasas

Founder & Partner

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