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Weekly News Digest
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March 24, 2008 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today.
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SAS Adds Linguistic Technologies With Acquisition of Teragram
SAS (www.sas.com), a business intelligence (BI) and advanced analytics provider, acquired privately held Teragram (www.teragram.com), a provider of natural-language processing (NLP) and advanced linguistic technologies. The acquisition is designed to enhance SAS’ own text mining and analytical BI offerings and extend them to enterprise and mobile search.Teragram, a 40-person firm headquartered in Cambridge, Mass., will be run as an SAS company. Terms of the acquisition deal were not disclosed. Teragram’s NLP technology is well-established, with a customer base including CNN, Forbes.com, NYTimes Digital, Sony, WashingtonPost.com, Wolters Kluwer, the World Bank, and Yahoo!. Teragram’s NLP technologies help turn text (in many languages and from many sources) into useable information. NLP enables richer data processing at the level of words, linguistic relations, and word meanings. Teragram has developed and maintains large annotated dictionaries containing several hundred million words in more than 30 languages. Teragram’s categorization technologies provide instant, advanced classification of documents according to custom criteria, applied throughout the organization. For enterprise search, Teragram’s NLP technologies scan structured corporate databases and unstructured sources including text-based reports and webpages to provide comprehensive answers from these multiple information sources. Source: SAS Institute, Inc.
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Brandi Scardilli
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