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Bulgaria's Sirma Group Holding seeks investor in GraphDB

Author Mario Tanev
Bulgaria's Sirma Group Holding seeks investor in GraphDB Sirma Group Holding/All rights reserved.

SOFIA (Bulgaria), August 29 (SeeNews) - Bulgarian software group Sirma Group Holding [BUL:SKK] said on Thursday that it is seeking an investor in its semantic technologies and GraphDB semantic graph database.

Luxembourg-based investment bank Corum Group International will consult Sirma Group Holding on the planned transaction, the Bulgarian software group said in a bourse filing.

The 13-month contract between the two companies envisages a fixed monthly fee, as well as a fee in the case of a successful transaction.

GraphDB is a product developed by Sirma Group Holding's semantic technologies unit - Ontotext. GraphDB is a semantic graph database that manages massive loads of information and allows organisations to store, organise and manage content as smart data. It is also the only triple-store that can perform semantic conclusions in scale, enabling users to create new facts from existing ones.