Mergent Data Technology, Inc. (“Mergent DataTech”) develops and licenses Praedea, which is an enterprise software solution providing semi-automated data extraction from financial statements and other unstructured documents in any language.

The business of Mergent DataTech was originally established in 2000 and operated as Praedea Solutions, Inc., before its acquisition by Mergent, Inc. in July 2006. [PRESS RELEASE]