Connotate acquires Fetch
Connotate has acquired Fetch Technologies, a move that will make Web data accessible and useful for the enterprise. Combining the two companies allows Connotate to extend its footprint and meet the growing demand for solutions that monitor, aggregate and deliver real-time Web data—delivering any data from any site at 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,” says Liam Donohue, co-founder and managing director of 406 Ventures and Connotate chairman.
Says Ryan Mullholland, Fetch’s former CEO and now president of Connotate, “Fetch is very excited to combine our information extraction, integration and data analytics solution with Connotate’s monitoring, collection and analysis solution. Our similar product and business development histories, but differing go-to-market strategies, create an extraordinary opportunity to fast-track the creation of world-class proprietary 'big data' collection and management solutions.”
Keith Cooper, CEO of Connotate, explains, “Big data, social media and cloud-based computing are major drivers of complexity for business operations in the 21st century. 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.”