NEW YORK (GenomeWeb News) - Biomax Informatics said today that it has purchased the Viscovery software business of Austrian firm Eudaptics Software for an undisclosed sum.
"Eudaptics had previously transferred its operative business to Viscovery Software," Biomax explained, adding that Viscovery "will continue to operate as a self-contained company within the Biomax group, so that there will be no changes in the business relations for new and existing customers."
Biomax, based in Martinsried, Germany, sells knowledge management software, and said the Viscovery product line provides "a visual approach to data exploration.”
The company said that the combination of its BioXM platform with Viscovery will be particularly useful "for areas such as biomarker identification, toxicology and clinical research."
The transaction is expected to expand both companies' products into new markets.
"The merger with Biomax allows Viscovery to access the rapidly growing life science market,” said Viscovery's managing director, Gerhard Kranner, in a statement. “In addition, the BioXM platform may be deployed as an effective solution in markets where Viscovery is already firmly established.”
Viscovery will continue to develop its data-mining software, and said updates and new offerings will be made available to existing and new customers.