Consumer intelligence firm NGDATA buys ENQIO to expand its team of ‘big data’ scientists

Consumer intelligence firm NGDATA buys ENQIO to expand its team of ‘big data’ scientists

Consumer intelligence software maker NGDATA has acquired ENQIO, a professional consultancy firm that specializes in data management, business analytics and multi-channel campaign management.

Financial terms of the agreement between the two Belgian companies were not disclosed, but we understand it concerns an all-stock deal.

F**k it, we'll do it live!

Our biggest ever edition of TNW Conference is fast approaching! Join 10,000 tech leaders this May in Amsterdam.

This means NGDATA didn’t have to tap into the $2.5 million it raised from ING, Plug and Play Ventures and others back in October.

NGDATA, which delivers its ‘big data’-driven consumer intelligence solution Lily to (primarily) banks, retailers and publishers, says the acquisition of ENQIO will allow the company to rapidly expand its team of data scientists and business process knowledge across verticals:

“By providing complementary business knowledge and competence alongside its customer intelligence solution Lily, NGDATA will help organizations more effectively use their Big Data to impact their business by providing a 360-degree view of customers, supporting one to one customer interaction and improving business performance by reducing customer churn, upselling to existing customers, attracting new customers, optimizing price structures, etc.”

ENQIO customers include France Telecom, ING, KBC, Orange and Telenet, among others.

Image credit: Thinkstock

Read next: Tesco launches Clubcard TV, a Blinkbox-powered video-streaming service supported by advertisers

Shh. Here's some distraction

Comments