Data Mining becomes Important
Prior to 2000, horizontal data mining companies were bought for about $10M
- Compression Sciences was bought by Gentia ($3M)
- HyperParallel was bought by Yahoo ($2.3M)
- Clementine was bought by SPSS ($7M)
- Thinking Machines was bought by Oracle (~ $25M)
Around 2000, a phase shift occurred in valuations, which were $100M-$500M
- NetPerceptions bought KD1 for 2.24 million shares worth $116M (now worth about $43 million)
- Epiphany bought RightPoint (previously DataMind) for 3.6 million shares worth $400M (now worth about $240M)
- Vignette bought DataSage for 3.16 million shares worth $577 (now worth $456M after 3 to 1 split)
- NeoVista bought by Accrue for 2.4 million shares worth $140M (now worth $70M)