Enterprise software vendor Infor said it plans to acquire cloud-based business analytics company Birst. Financial terms of the deal were not disclosed, but Birst has raised a total of $156 million in venture funding, with the most recent $65 million Series F round completed in 2015.
Based in San Francisco, Birst is known for its cloud BI and analytics platform, which is used by customers such as Kellogg’s and Citrix. Infor said it plans to use Birst to offer customers a consolidated platform to “render insights, discovery, correlations, and predictive analytics in a highly consumable user interface.” In other words, Infor wants to merge Birst’s enterprise analytics with its industry-focused ERP software.
Author: Natalie Gagliordi