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CenturyLink buys analytics software firm

Dec. 11, 2014 5:38 PM ETLumen Technologies, Inc. (LUMN) StockBy: Eric Jhonsa, SA News Editor
  • CenturyLink (CTL) has bought Cognilytics, a provider of analytics tools for mid-sized and large enterprises. Terms are undisclosed.
  • CenturyLink says it will offer cloud-based analytics that leverage Cognilytics' software, as it tries to better compete against cloud infrastructure rivals such as Amazon, Microsoft, IBM/SoftLayer, and Google (some of them have their own analytics services).
  • Cognilytics, which claims to have an $18M/year business, offers software for managing a company's predictive models (Model Controller), as well as for running them (Decision Analyzer). It also provided industry-specific data visualization tools.
  • Previous: CenturyLink buys cloud disaster recovery software firm

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