Guildford, UK 6/26/09; London, UK 6/26/09—IDBS, a provider of data management solutions, has agreed to acquire InforSense for £5 million ($8.2 million = £0.61 = $1 ) in cash. InforSense supplies integration technologies and web-based interactive analytics. “This is a major enabling step towards becoming the number one informatics partner of R&D worldwide,” commented Neil Kipling, CEO and founder of IDBS. “An additional facet of this acquisition is the opportunity to cement a strategic informatics research relationship with Imperial College. The combination of our rigorous software development and powerful new research capabilities creates a groundbreaking new organization.” Professor Yike Guo, InforSense’s founder, will serve as chief innovation officer at IDBS. The transaction is expected to close in July. Investment firm Imperial Innovations will receive £0.9 million ($1.5 million) for its 14.3% stake in InforSense and £0.1 million ($164,000) based on performance-related goals. Other InforSense investors include Elaia Partners, Fleming Family and Partners, NPI Ventures and Sitka Health Fund. (See page 9.)