RALEIGH — Less than two weeks after closing a deal to acquire analytics firm Logi Analytics, Raleigh’s insightsoftware announced it has acquired Atlanta-based Izenda, an application-based intelligence provider that will become a part of Logi Analytics.
The combined portfolio of what the company calls “low-code embedded analytics development” will yield more efficient visualizations, dashboards, and reporting for software teams, the company said in a statement announcing the acquisition, the 18th in under three years.
“Expanding our capabilities in operational reporting and analytics was a top priority for insightsoftware in 2021,” said Jim Triandiflou, CEO of insightsoftware, in a statement published on the company’s blog. “Acquiring Logi Analytics a few weeks ago was a big step in this direction. Adding Izenda furthers our position with over 2,400 application teams around the world.”
Financial terms were not disclosed.
“This is a critical piece of our long-term strategy. With Logi Analytics’s robust operational reporting solution paired with our market-leading financial reporting, we can provide our customers the ability to report on every area of their business,” said Jim Triandiflou, CEO of insightsoftware, in an announcement regarding the Logi Analytics acquisition last week. “In addition, Logi Analytics’s leading position in embedded analytics opens a whole new market opportunity for us and we’re excited to invest and expand Logi Analytics’s leadership position in embedded analytics.”
insightsoftware was formed in 2018 by TA Associates, a private equity firm, which acquired and then combined Global Software, Inc. and insightsoftware.com International with the goal of forming a market-leading ERP financial and operational reporting platform.
