Information Advantage, IQ to Merge

Share this content:
Online analytical processing software provider Information Advantage (IA), Eden Prairie, MN, and IQ Software, Norcross, GA, a provider of enterprise reporting software, recently announced a merger agreement in which Information Advantage would acquire IQ Software.


IA will issue 1.96 shares of its common stock for each share of IQ Software's common stock. The transaction is expected to be completed by October.


According to IA, the merger will expand its direct sales and distributor and partner channels, and improve its product offering by providing end-to-end Internet-based business intelligence applications. Both IA's and IQ's sales models will be combined, so the company will have a direct sales force that covers both North America and Europe, including 24 international distributors.
Loading links....
close

Next Article in Data/Analytics

Sign up to our newsletters

Company of the Week

We recently were named B2B Magazine's Direct Marketing Agency of the Year, and with good reason: We make real, measureable, positive change happen for our clients. A full-service agency founded in 1974, Bader Rutter expertly helps you get the right message to the right audience at the right time through the right channels. As we engage our clients' audiences along their journey, direct marketing (email, direct mail, phone, SMS) and behavioral marketing (SEM, retargeting, contextual) channels deliver information relevant to the needs of each stage. We are experts at implementing and leveraging marketing technologies such as CRM and marketing automation in order to synchronize sales and marketing communications. Our team of architects and activators plan, execute, measure and adjust in real time to ensure the strategy is working as needed and change things if it's not.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here