In a move to beef up an important part of its enterprise service and consultancy business, Factiva has acquired Synapse, a leading taxonomy software and consulting firm. With this deal, Factiva will bring in Synapse’s founding team of Trish Yancey and Dave Clarke to lead Factiva’s Taxonomy Services Group, and will add its Synaptica suite of software for building and maintaining taxonomies as well as the Taxonomy Warehouse, a directory of over 500 taxonomies and other classification schemes.
The lion’s share of Factiva’s business is in the enterprise space, which is the hot spot for content integration and role-based information applications. Factiva’s recent initiatives such as SalesWorks and its Insight suites are all built for enterprise applications that require consulting and customization from Factiva’s consulting and services organization. Taxonomies are a growing part of those content integration projects, so this acquisition is a natural jump-start for that part of Factiva, and another sign of Factiva’s continuing commitment to the enterprise market. Factiva is one of the few companies that are really doing what it takes to enable the role-based products and custom content integration that are critical in that market.
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