SmartLogic Acquires SchemaLogic

Semantic technology firm SmartLogic has acquired SchemaLogic. With the acquisition, SmartLogic has added “multiple new Fortune 1000 enterprise clients to its customer list and adding SchemaLogic’s family of products to its application portfolio.” The article states, “As information volumes and interest in semantic technology grows, so does the content intelligence market. Today, however, the market contracted slightly with SmartLogic’s acquisition of competitor SchemaLogic. Both companies provide tools that complement enterprise search, content management and business intelligence solutions by tagging, enhancing metadata and classifying content so organizations can better find, organize, process and control their information assets.”

It continues, “The acquisition of SchemaLogic will expand SmartLogic’s expertise in the pharmaceutical and life science verticals and cement the company’s existing strength in the media, financial services, healthcare and research markets. SmartLogic will also be able to expand its application portfolio with new features and offerings from SchemaLogic’s product suite.”

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Image: Courtesy SmartLogic