Reuters buys Israeli start-up ClearForest

ClearForest has developed text analysis solutions for business intelligence applications.Globes and Haaretz reported that Reuters Group has acquired Israeli text analysis technology developer ClearForest Ltd. for about $25 million. The companies announced the deal today, before trading began on Nasdaq.ClearForest was founded in 1998 by chairman and chief scientist Dr. Ronen Feldman and CTO Dr …

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