Established Leaders in Data Extraction and Aggregation Industry Unite Shared Vision with Best-of-Breed Products to Drive Unmatched Customer Value in the Big Data Era
NEW BRUNSWICK, NJ – (March 6, 2012) – Connotate, Inc., the leading provider of solutions that help organizations monitor and collect data and content from the Web, today announced that it has acquired Fetch Technologies, the leader in making Web data accessible and useful for the enterprise. Combining two leaders in the data aggregation space with a shared vision enables the company to quickly broaden its footprint and meet the growing demand for solutions that monitor and aggregate real-time Web data; delivering any data from any site any time in a structured format.
“With a common philosophy of leveraging the value of Web data to the modern enterprise and kindred technologies, Connotate and Fetch coming together will strengthen the company’s overall market position while creating innovations that customers will love,” said Liam Donohue, Co-Founder and Managing Director of .406 Ventures and Connotate Chairman.
“Fetch is very excited to combine our information extraction, integration, and data analytics solution with Connotate’s monitoring, collection and analysis solution,” said Ryan Mullholland, Fetch’s former CEO and now President of Connotate. “Our similar product and business development histories, but differing go-to-market strategies creates an extraordinary opportunity to fast-track the creation of world-class proprietary ‘big data’ collection and management solutions.”
“Big data, social media and cloud-based computing are major drivers of complexity for business operations in the 21st century,” said Keith Cooper, CEO of Connotate. “Connotate and Fetch are the only two companies to apply machine learning to web data extraction and can now take the best of both solutions to create a best-of-breed application that delivers inherent business value and real-time intelligence to companies of all sizes.”
The merger of Connotate and Fetch combines two leading companies under a unified vision that delivers tremendous value to customers who rely on their solutions to monitor Web data. This merger comes at a time when businesses are confronted with overwhelming amounts of data they must manage to fuel business decisions and their ultimate success. Connotate is already the leading player in the data monitoring and collection space and Fetch’s data-as-a-service offering adds tremendous value to the Connotate brand.
For organizations in which content and data are vital to success, Connotate is the Web collection company that puts the power of Web data monitoring and collection into the hands of the business user. Through an easy-to-use ‘point and click’ interface and patented algorithms, Connotate delivers the scalability, reliability and resiliency necessary to drive strategic value from dynamic, Web sources. With benefits ranging from increased productivity, competitive advantages and dramatic operational cost savings, Connotate’s growing customer list includes global businesses such as McGraw-Hill, Associated Press and Thomson Reuters. Connotate has been named a KMWorld “Trend-Setting Product” for the past six years. For more information, please visit http://www.connotate.com.
About Fetch Technologies
Fetch Technologies helps companies access the precise, real-time Internet data they need to stay competitive. Fetch’s customized software agents navigate millions of websites to instantly deliver meaningful, useful and reliable data, and easily integrate with a company’s existing data management system for immediate analysis. Fetch’s customized solutions free human talent to move toward new innovations and more targeted and informed business strategies.