Google acquired Future Predicting company

Thursday, May 6, 2010

Google the internet giant comes to news once again with an aquisition of a future predicting company named "Recorded Future". "future predicting COmpany" sounds strange ... Well as said earlier Google policy is to acquire a small company every month and go with bigger acquisitions every 6 months.

The company, Recorded Future, based out of Boston, has developed a data analytics technology that could be used to try to predict future stock market events or even terrorist activity.

On a the company’s YouTube channel it explains:

“Recorded Future allows financial analysts, intelligence analysts, and predictors to organize and aggregate future observations with ease,”

On its LinkedIn page, the startup says it has “some of the top government agencies and trading firms in the world,” according to a February profile in The Boston Globe.

Christopher Ahlberg, co-founder and CEO of Recorded Future, is the founder of business intelligence firm Spotfire, which was Spotfire was acquired by Tibco in 2007, for $195 million in cash. Similar to Spotfire, Recorded Future seems to have operations both in Boston and in Sweden, Ahlberg’s country of origin.

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