MicroStrategy develops one of the most scalable BI platforms in the market, and its relational online analytic processing (ROLAP) engine is particularly well suited for analysis of large dimensional datasets with deep hierarchies. This capability will come in handy in analyzing Web site activity trends and sales across 27,000 of eBay’s product categories.
The deal easily tops MicroStrategy’s average deal size, of about $75,000. The company’s revenues for the most recent quarter stood at $37.4m. The once high-flying company, whose stock once reached a peak of $333, has worked hard to recover from a highly publicized accounting scandal that led it to restate financial results from 1997 to 1999 – resulting in its stock price crashing down to earth and a hefty fine of $11m to settle charges with the SEC.
MicroStrategy’s shares rose over $2.50 to $30.73 in Nasdaq trading last week. Since the company did a 1-for-19 reverse stock split in 2002, it has seen its shares rise more than 75% this year.
Source: Computerwire
