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Lexington’s StreamBase Systems pioneers CEP (Complex Event Processing) database technology January 24, 2010

Posted by HubTechInsider in Software, Startups, Venture Capital.
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Lexington’s StreamBase Systems pioneers CEP (Complex Event Processing) database technology

CEP allows users to analyze information as it streams in, a huge step up from relation databases, in which data needs to be stored before being processed. Whereas most databases can handle hunded of bits of data per second, StreamBase’s platform can process hundreds of thousands of pieces of info, or “events”, per second: emails, Facebook posts, signals intelligence, audio and video streams – or a combination.

Pair brute force processing power with realtime analysis, and you get a sense of how CEP can be useful to an intelligence agency. The platform can search for specific combinations of words or numbers, so if an al-Qaeda suspect whose email address is known started getting messages that included, say, “bomb” and “Washington” and “Martyrdom”, an alert would go off.

As terrorist operations are frequently controlled and planned via the Internet, a major commercial application of CEP database technology is the ability to tap into the stream of Internet communications data and make realtime decisions based on that information.

Mark Palmer is the President of StreamBase Systems, headquartered in Lexington, Massachusetts.

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Cambridge’s ATG, Inc., acquires Seattle’s InstantService, Inc., for $17 Million January 24, 2010

Posted by HubTechInsider in Ecommerce, Startups, Venture Capital.
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Cambridge’s ATG, Inc., (Art Technology Group) an ecommerce technology company, acquires Seattle’s InstantService, Inc., a provider of live chat services used predominantly in live tech help situations, for $17 Million.

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Chelmsford’s Aspect Software Inc acquires St. Charles, MO’s Quilogy, for undisclosed terms January 24, 2010

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Chelmsford’s Aspect Software Inc., a communications and contact center software developer, acquires St. Charles, MO’s Quilogy, an IT services company, for undisclosed terms.

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Islandia, NY’s CA, Inc., acquires Waltham’s Oblicore for undisclosed terms January 24, 2010

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Islandia, NY’s CA, Inc.,an IT management software company, acquires Waltham’s Oblicore, a provider of Service Level Management (SLM) software for enterprises and service providers, for undisclosed terms.

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Boston’s CitySquares Online, Inc., acquires Boston’s Yokel.com, for undisclosed terms January 24, 2010

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Boston’s CitySquares Online, Inc., a provider of Web-based hyper-local search technologies, acquires Boston’s Yokel.com, a local products searches provider, for undisclosed terms.

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Arlington’s Optics For Hire, Inc., acquires Bedford’s Actuality Systems, for undisclosed terms January 24, 2010

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Arlington’s Optics For Hire, Inc., a creator of hologram-like images from 3-D digital data, acquires Bedford’s Actuality Systems, a maker of visualization systems for medicine, oil and gas exploration, and other applications, for undisclosed terms.

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