IBM has acquired document-capture software vendor Datacap. Datacap’s technology enables quick extraction of information from unstructured formats, such as tax returns, invoices and claim forms. IBM plans to make Datacap’s software the foundation of its document-capture initiative, according to the company. Customers’ investments in Datacap products will be preserved, IBM said. Scott Blau, CEO of Datacap, was named director of enterprise content management at Big Blue. The terms of the deal were not disclosed.
IBM has also closed its acquisition of Coremetrics, a provider of Web-analytic software that helps customers develop marketing campaigns. IBM said Coremetrics’ technology will help customers understand and measure how effective their marketing campaigns are through their consumers’ habits, likes and dislikes. Coremetrics’ roughly 230 employees will join IBM. Financial terms of the deal were not disclosed.
Provider of cloud-based financials and ERP software suites NetSuite reported total revenues for its second quarter of 2010 at US$47.1 million, representing a 17% increase from last year. Subscriptions and support revenue was $39.8 million, representing at 19% growth over the prior year. On a GAAP basis, net operating loss for the second quarter of 2010 was $7.2 million, or $0.11 per share, as compared to a net loss of $5 million, or $.08 per share, in the second quarter of 2009.
Visual Mining, a provider of business intelligence software, reported its revenue results for its second quarter of 2010. Visual Mining also saw a 21% increase in net income over the same period last year, and a 96% increase in bookings compared to the same quarter a year ago.
Atalasoft announced record revenues for the first half of 2010. Sales figures for the second quarter of 2010 were up 56% from the second quarter of 2009. The first half of 2010 year-to-date sales were 36% higher than the year prior.
Attunity, a maker of real-time integration data and event-capture software, reported total revenues of US$2.54 million in the second quarter of 2010, an 18% increase over the $2.15 million in the second quarter of 2009. License revenues were also up in the second quarter, with $1.13 million, compared to $0.89 million the second quarter from last year. Attunity’s non-GAAP operating profit for the second quarter of 2010 was $317,000, compared to $280,000 the year prior.