Datawatch Announces Agreement To Acquire Panopticon To Deliver Real-time Big Data Visual Discovery Solutions

Datawatch Announces Agreement To Acquire Panopticon To Deliver Real-time Big 
Data Visual Discovery Solutions 
Datawatch Becomes First to Offer Analytic Solutions Linking Structured, 
Semi-Structured and Unstructured Data to High Velocity Visual Discovery 
CHELMSFORD, Mass., June 17, 2013 /CNW/ - Datawatch Corporation (NASDAQ-CM: 
DWCH), the leading global provider of information optimization solutions, has 
agreed to acquire Panopticon Software AB, a privately held Swedish company 
specializing in the delivery of real-time visual data discovery solutions.  
Under terms of the definitive agreement - unanimously approved by the Boards 
of Directors of both companies - Datawatch will acquire all outstanding shares 
of Panopticon in an all-stock transaction.  Based upon the closing price of 
Datawatch common stock as of June 14, 2013, the deal is valued at 
approximately $31.4 million.  Completion of the transaction is subject to the 
approval of the Datawatch stockholders, which is expected to occur during its 
fiscal fourth quarter ending September 30, 2013. 
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The integration of Panopticon's advanced visual data discovery software makes 
Datawatch the first company to deliver real-time analytics and discovery by 
accessing the  industry's broadest variety of data types 
simultaneously—including traditional structured relational databases, 
semi-structured sources like reports, PDF files, EDI streams, print spools and 
documents stored in  files systems or enterprise content management systems, 
with a  new mix of unstructured data such as machine data and social media 
stored in Big Data solutions or streaming directly from a host of real-time 
Associating all relevant data in a visually-rich, real-time analytical 
environment enables businesses to isolate and resolve problems as they occur, 
perceive hidden patterns, track emerging market trends, and identify 
opportunities for competitive advantage and improved business processes.  
Panopticon's customers span all vertical industries and include some of the 
largest multinational companies in the world, including Citigroup, Credit 
Suisse, HSBC, J.P. Morgan, Novartis, Pfizer, Vodafone, Cable & Wireless, Shell 
and BAE. 
"The acquisition of Panopticon is a transformative event for Datawatch and the 
industry," said Michael A. Morrison, President and CEO of Datawatch.  "This 
acquisition will immediately benefit our combined customers, partners and 
prospects by allowing them to accelerate the development and deployment of 
solutions that use the wide variety of data formats and sources present in 
every organization.  Our collective capabilities to address Big Data 
opportunities are vastly improved with the high velocity access enabled by 
Panopticon's real-time visual data discovery solution and the variety of data 
sources and formats that can be transformed by the Datawatch Information 
Optimization platform." 
Panopticon is a particularly good fit for Big Data environments where visual 
data discovery capabilities allow people to use their intuition to find 
meaningful – and actionable – information in all the data available to 
them, including semi-structured and unstructured sources, real-time streaming 
feeds as well as message buses and complex event processing engines. 
"Panopticon pioneered interactive, real-time visual data discovery to speed up 
business processes, reduce operational and investment risks, detect anomalies 
and identify opportunities for growth," said Willem De Geer, Managing Director 
of Panopticon.  "We are excited to join forces with Datawatch and bring a 
truly unique solution for visual analysis of the wide diversity of data 
formats that exist within enterprises.  Our customers and partners will be 
thrilled to have the opportunity to incorporate semi-structured and 
unstructured data into their Panopticon solutions." 
"Effective visualization of business information is in heavy demand; our 
research shows that 48 percent of organizations have indicated presenting data 
visually is an essential business analytics capability, with visual data 
discovery being one of the top three big data analytics needs not effectively 
delivered today, and that visualization is more important for businesses than 
just a focus on velocity or volume," said Mark Smith, CEO and Chief Research 
Officer, Ventana Research. "Datawatch's acquisition of Panopticon to extend 
the value of information optimization with analytical discovery, that 
maximizes the use of data and events, is what business has been demanding and 
the combination will bring new innovation to our industry." 
In addition to its technology value, Panopticon also enjoys strong 
partnerships and alliances with many influential global organizations, 
including Thomson Reuters, SAP, Deloitte, Accenture and QlikTech.  Panopticon 
was recently named a "Cool Vendor" in the Cool Vendors for In-Memory Computing 
2013 report by Gartner, Inc. 
Morrison concluded, "Our growth strategy at Datawatch is based in large part 
upon a growing solution portfolio and a robust partner ecosystem.  With the 
addition of Panopticon's unparalleled visualization technology, we accelerate 
our time to market in both key areas.  Panopticon has developed more than 30 
customer-ready solution assets and forged dozens of partner and alliance 
relationships. The synergies between our businesses are compelling and should 
become even more exciting as the Big Data and real-time markets continue to 
Canaccord Genuity acted as Datawatch's exclusive financial advisor on the 
Panopticon transaction. 
Datawatch plans to hold a conference call/webcast with the investment 
community today, Monday, June 17, 2013 at 1:00PM ET, to discuss this 
announcement. To join the conference call, please dial 877-407-0782 or 
internationally 201-689-8567 at least 10 minutes before the start of the call. 
You  may access the webcast by following this link: A replay of the 
webcast will be posted to Datawatch's investor relations website 
( approximately one hour after the completion of 
the call. 
The world's most successful financial institutions, telecoms companies, energy 
firms, and major corporations use Panopticon data visualization software to 
monitor performance, analyze risk, detect fraud, and identify anomalies in 
vast amounts of real-time data. Panopticon's visual data discovery technology 
supports fast, interactive analysis of large data sets and real-time data and 
the company's world class customer base includes 12 of the 15 largest 
financial institutions in the world as well as major telecoms, energy, 
pharmaceuticals, and retail corporations. For more information, visit 
Datawatch Corporation (NASDAQ-CM: DWCH) is a leader in providing information 
optimization products and solutions that allow organizations to deliver the 
greatest data variety possible into their big data and analytic applications.  
Datawatch provides organizations the ability to integrate structured, 
unstructured, and semi-structured sources like reports, PDF files, and EDI 
streams into these applications to provide a 360 degree perspective of the 
issues and opportunities that exist in their businesses. More than 40,000 
organizations worldwide use Datawatch products and services, including 99 of 
the Fortune 100, and businesses of every type can benefit from the power and 
flexibility of industry leading Datawatch solutions. Datawatch is 
headquartered in Chelmsford, Massachusetts with offices in London, Munich, 
Singapore, Sydney and Manila, and with partners and customers in more than 100 
countries worldwide. For more information, visit 
Safe Harbor Statement under the Private Securities Litigation Reform Act of 
Any statements contained in this press release that do not describe historical 
facts may constitute forward-looking statements as that term is defined in the 
Private Securities Litigation Reform Act of 1995. Any such statements, 
including but not limited to those relating to results of operations, 
contained herein are based on current expectations, but are subject to a 
number of risks and uncertainties that may cause actual results to differ 
materially from expectations. The factors that could cause actual future 
results to differ materially from current expectations include the following: 
risks associated with the continuing weak global economy; risks associated 
with fluctuations in quarterly operating results due, among other factors, to 
the size and timing of large customer orders; risks associated with 
acquisitions, including the recent acquisition of intellectual property from 
Math Strategies and the acquisition of Panopticon; the volatility of 
Datawatch's stock price; limitations on the effectiveness of internal 
controls; rapid technological change; Datawatch's dependence on the 
introduction of new products and possible delays in those introductions; 
competition in the software industry generally, and in the markets for 
information optimization in particular; Datawatch's dependence on its 
principal products, proprietary software technology and software licensed from 
third parties; risks associated with international sales and operations; risks 
associated with indirect distribution channels; the adequacy of Datawatch's 
sales returns reserve; risks associated with a subscription sales model; 
Datawatch's dependence on its ability to hire and retain skilled personnel; 
disruption or failure of Datawatch's technology systems that may result from a 
natural disaster, cyber-attack or other catastrophic event; and uncertainty 
and additional costs that may result from evolving regulation of corporate 
governance and public disclosure. Further information on factors that could 
cause actual results to differ from those anticipated is detailed in various 
publicly-available documents, which include, but are not limited to, filings 
made by Datawatch from time to time with the Securities and Exchange 
Commission, including but not limited to, those appearing in the Company's 
Annual Report on Form 10-K for the year ended September 30, 2012 and Form 10-Q 
for the quarters ended December 31, 2012 and March 31, 2013.   Any 
forward-looking statements should be considered in light of those factors. 
Additional Information: 
In connection with the proposed transaction and solicitation of stockholder 
approval of the proposed transaction, Datawatch will file with the Securities 
and Exchange Commission (the "SEC") a Proxy Statement as well as other 
relevant documents.  Shareholders are urged to read the Proxy Statement 
regarding the proposed transaction when it becomes available and any other 
relevant documents filed with the SEC, as well as any amendments or 
supplements to those documents, because they will contain important 
information about the proposed transaction. You will be able to obtain a free 
copy of the Proxy Statement, as well as other filings containing information 
about Datawatch and Panopticon, at the SEC's Internet site 
( You will also be able to obtain these documents for 
Datawatch, free of charge, at under the tab "Investor 
Relations" and then under the heading "SEC Filings." Copies of the Proxy 
Statement and any SEC filings incorporated by reference in the Proxy Statement 
can also be obtained, free of charge, by directing a request to Datawatch 
Investor Relations, Datawatch Corporation, 271 Mill Road, Quorum Office Park, 
Chelmsford, Massachusetts 01824, (978) 441-2200. 
No communication herein shall constitute an offer to sell or the solicitation 
of an offer to buy securities, nor shall there be any sale of securities in 
any jurisdiction in which such offer, solicitation or sale would be unlawful 
prior to registration or qualification under the securities laws of such 
jurisdiction.  The shares of Datawatch common stock to be issued as 
consideration in the proposed transaction have not been registered in the 
United States and may not be offered or resold in the United States without 
registration or an exemption from registration in the United States. 
Datawatch and its directors and executive officers may be deemed to be 
participants in the solicitation of proxies from Datawatch stockholders in 
connection with the proposed transaction.  Information about Datawatch's 
directors and executive officers is set forth in the proxy statement for its 
2013 annual meeting of shareholders, as filed with the SEC on Schedule 14A on 
January 28, 2013.  Additional information regarding the interests of those 
participants and other persons who may be deemed participants in the 
transaction may be obtained by reading the Proxy Statement regarding the 
proposed transaction when it becomes available.  You may obtain free copies of 
this document as described in the preceding paragraphs. 
Investor Contact:  Datawatch Investor Relations 
Phone: (978) 441-2200 ext. 8323 
Media Contact: Sarah Bernardi Datawatch Corporation Phone: (978) 441-2200 ext. 8387 Twitter: 
© 2013 Datawatch Corporation. Datawatch, Monarch and their respective logos 
are trademarks or registered trademarks of Datawatch Corporation in the United 
States and/or other countries. All other names are trademarks or registered 
trademarks of their respective companies. 
SOURCE: Datawatch Corporation 
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