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CALABASAS, CA -- (Marketwired) -- 10/24/14 -- Prolifics, a global technology solutions provider, today announced that it has reached an in-principle agreement to acquire Stream Integration, a leader in the Information Management, Big Data and Analytics solutions space. Recognized for market-leading information lifecycle solutions, Stream Integration focuses exclusively on turning data into valuable business information.

The transaction will strengthen Prolifics' presence in the fast-growing big data and analytics space and will enhance Prolifics' position as a provider of customized, enterprise-class technology solutions. Under Prolifics, Stream Integration will be able to deliver robust solutions to even more clients around the world leveraging Prolifics' strong international presence and global delivery capabilities.

With Stream Integration, Prolifics further enhances its robust solution portfolio, helping forward-thinking clients define and deliver enterprise technology strategies that are aligned with corporate objectives. Subject to customary closing conditions and process and regulatory clearances, the acquisition is expected to close in December 2014.

About Prolifics

Prolifics creates competitive advantage for organizations around the world by implementing customized, end-to-end IT solutions that achieve business success, leveraging IBM, Microsoft and Open Source technologies in a global delivery model. For over 35 years, our technology expertise, industry-specific insight and certified technology accelerators have transformed organizations around the world by solving complex IT challenges. www.prolifics.com

About Stream

Stream Integration is a market-leading Information Lifecycle Consultancy specializing in Enterprise Analytics and Information Management. Leveraging deep industry knowledge, broad functional experience and mastery of technology, Stream assists customers to build robust business solutions that deliver material return on investment. Stream Integration was named IBM's North America Information Management Business Partner of the Year in 2013. www.streamintegration.com.

www.prolifics.com
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Prolifics is a registered servicemark of Prolifics, Inc.