Community Corner

Chelmsford's Datawatch Preparing to Close Purchase of Swedish Company

According to an Associated Press report, Chelmsford’s Datawatch will obtain Swedish software company Panopticon in an all-stock deal valued at about $31.4 million expected to be sealed this September upon the approval of Panopticon shareholders. 

Datawatch, located on Mill Road near the Billerica Road exit on Route 3, provides information optimization products for data management companies.

The company will hold a conference call scheduled for Thursday, July 25 at 4:30 p.m. to discuss 2013 earnings, which anyone can dial into by calling 877-407-0782.

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More information in the company is available on its website.

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