Contact Information: Contact: Patrick Leonard Rogue Wave Software Phone: +1.303.545.3229 E-mail:
Rogue Wave Software Acquires Visual Numerics
Creates a Leading Commercial Vendor of Cross-Platform, Embeddable Software Libraries
| Source: Rogue Wave Software
BOULDER, CO--(Marketwire - May 5, 2009) - Rogue Wave
Software, Inc., a Battery Ventures portfolio company, today announced
that it has acquired Visual Numerics,
Inc., a privately held advanced analytics software company based in
Houston, Texas.
For more than three decades, Visual Numerics has provided numerical
analysis and visualization software solutions that help users understand
complex data from a variety of sources and build business-critical
applications.
The company offers two product lines: the IMSL® Numerical
Libraries for powerful mathematical and statistical analysis and the PV-WAVE® visual
data analysis development environment. This acquisition complements the
Rogue Wave product families of software development tools, components and
frameworks by adding industry-leading advanced data analysis and
visualization tools. According to IDC the market for advanced analytics tools grew 13% in 2007 and usage
is expected to become much more pervasive.
"For the past 38 years Visual Numerics has been a leader in advanced
analytics. The addition of their rich suite of numerical libraries and data
analysis tools, along with an exceptional team enhances Rogue Wave's
leadership position in software development components and infrastructure,"
said Brian Pierce, CEO of Rogue Wave Software, Inc.
The combination of these technologies with Rogue Wave® Hydra and SourcePro® C++
products will enable customers to deliver advanced analytics applications
in scalable, distributed computing environments. This will enable
high-throughput data analysis using lower cost, power-efficient multi- and
many-core hardware.
"We believe that the combination of technologies from these two companies
will lead to exciting new application possibilities for our customers,"
said Phil Fraher, CEO of Visual Numerics.
The acquisition adds to the list of Rogue Wave's worldwide clients with a
well established business and customer base in North America, Europe and
Asia.
About Rogue Wave®
Rogue Wave Software, Inc. is a Battery Ventures portfolio company and the
leading provider of enterprise class C++ components and infrastructure that
enable organizations to build and deploy high performance applications.
Only Rogue Wave provides the most complete C++ technology stack including
C++ components, UI components, Eclipse-based development, run-time
infrastructure, and services. Today, thousands of organizations worldwide
have chosen Rogue Wave. For more information go to www.roguewave.com.
The Rogue Wave name and logo are registered trademarks of Rogue Wave
Software, Inc. in the United States and other countries. All other company
and product names mentioned may be trademarks of the companies with which
they are associated.
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