Date: Mon, 14 Jun 1999 16:13:18 -0400 (EDT) From: Gregory Piatetsky-Shapiro gps Subject: Industry Briefs: Oracle buys TMC, Tools Market, ANGOSS add-ins for Excel,.. TORONTO, CANADA (June 1, 1999) - ANGOSS Software Corporation (www.angoss.com), released KnowledgeSTUDIO 2.0. ANGOSS also released beta distribution KnowledgeExcelerator(tm) 1.0 and KnowledgeAccess 1.0, its data mining add-ins for Excel(tm) and Access(tm). -- In May 10, 1999 issue of Data Mining News (www.idagroup.com), Herb Edelsetein (Two Crows) estimates the size of Data Mining Tools market in 1998 at $45 Million. -- REDWOOD SHORES, Calif., June 7, 1999 Oracle Corp. today announced the acquisition of the data mining business from Thinking Machines Corp., a leading provider of advanced data mining software for predicting customer behavior. The data mining software will also become an integral feature of Oracle's customer relationship management (CRM) suite, which will facilitate the implementation of e-business solutions developed by Oracle customers. See http://www.oracle.com/ for more information -- SAN DIEGO--(BUSINESS WIRE)--June 7, 1999--HNC Software Inc. and Exchange Applications Inc. have formed a strategic alliance for the integration and joint marketing of their respective customer relationship management products, ProfitMax� and VALEX(TM). An HNC Predictive CRM solution for both telecommunications carriers and credit card issuers, ProfitMax uses neural networks and intelligent profiling to analyze customer transactions in real time to predict credit risk, attrition, revenue potential and overall profitability. Exchange Applications' VALEX helps companies identify customer segments offering the greatest profit potential and then close the gap between current and potential profitability through highly targeted direct marketing campaigns executed across multiple channels. for more information, see www.exapps.com and www.hnc.com
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