Telstra's Kaz acquires BI assets

Telstra's Kaz acquires business intelligence assets

Telstra services company Kaz has boosted its information management offerings through acquisition of the intellectual property (IP) and customer contracts of Canberra-based business Intology.

Kaz said today the IP acquisition would deliver a suite of business intelligence tools the company would integrate into solutions for customers "seeking to extract greater value from their corporate data".

The deal also encompasses a raft of customer contracts, including arrangements with the Department of Defence, government intelligence organisations and several private sector companies.

Previously Kaz sub-contracted Intology for its business intelligence products.

Intology founder Ralph Meyen said the company had "considered several potential partnerships over the years," but settled on Kaz as it believed the Telstra operation had "the capacity to leverage the potential of the Intology platform.

The value of the deal was not disclosed.