Text-mining applications will be integrated with Rocket's Business Intelligence products
Newton, Mass. — June 23, 2008 — Rocket Software (www.rocketsoftware.com), a Boston-based software developer, today announced that it has purchased the AeroText™ suite of text-mining and content analysis applications from Lockheed Martin (NYSE:LMT). The acquisition was supported by Fluid Innovation (www.fluidinnovation.com), an Austin-based company that focuses on bringing to market software technologies that were originally developed by large companies for their internal use. Under terms of the purchase, support and maintenance contracts will be automatically assigned to Rocket and will run to term. Subsequent renewals will be managed by Rocket, which will also provide all technical support, training, consulting and forward product development.
The AeroText product suite provides a fast, agile information extraction system for developing knowledge-based content analysis applications. The technology excels at developing a core understanding of content contained within unstructured text, such as emails and documents, as well as an ability to automatically reconcile information cited across multiple documents. Such a capability makes it suited for a variety of applications, from counter-terrorism and law enforcement to business intelligence and enterprise content management.
AeroText was originally developed by Lockheed Martin and is often integrated into other solutions. AeroText solutions provide both information extraction and link analysis capabilities by converting unstructured information into structured information.
According to Rocket CEO Andy Youniss, “This is a great addition to our roster of products. Our primary focus is on serving the needs of the AeroText customers and the terrific relationship we have with Lockheed Martin. After we release AeroText V6, we expect to explore potential integration with our other enterprise software offerings. Stay tuned."
About Lockheed Martin
Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2007 sales of $41.9 billion.
About Fluid Innovation
Fluid Innovation (www.fluidinnovation.com), founded in 2005, is revolutionizing the process of turning ideas into innovation. Fluid helps F500 enterprises generate revenue by discovering, assessing, and licensing their internally developed technologies to companies that commercialize and market them.
About Rocket Software
Rocket Software (www.rocketsoftware.com) is a global software development firm that builds enterprise products and delivers enterprise solutions in the following segments: Business Intelligence and Analytics; Storage, Networks, and Compliance; Application Development, Integration, and Modernization; and Database Servers and Tools. Rocket is engaged in business and technology partnerships with IBM, EMC, Fujitsu, HP Enterprise Services, Hitachi Data Systems, Avaya, Motorola, Epicor, and many others. The company is headquartered in Waltham, Massachusetts, USA.