Logical Information Machines
 | This article needs additional citations for verification. (November 2019) |
 | |
| Industry | Software |
|---|---|
| Founded | 1988 in Chicago, Illinois |
| Founder | Tony Kolton |
| Defunct | 2009 |
| Fate | Acquired by Morningstar, Inc. |
Logical Information Machines, Inc. (LIM) is a software company based in Chicago, Illinois, United States. It markets Historis, a time series database and the Market Information Machine (MIM), a database that is built around Historis, and includes data and a near-English query language.[1]
The Market Information Machine (MIM) was invented in 1988 by Tony Kolton,[2] President and CEO of LIM, Danette Chimenti, LIM Director of Strategic Research and Ruben Gamboa, LIM Senior Technical Consultant. Danette sits on the board of directors and Ruben is on the Technical Advisory Board for LIM.
Historis, unlike a relational database, is optimized and designed to handle the large storage issues and fast data retrieval speeds required by time-series data (real-time, intraday, daily, weekly, monthly).
In December 2009, Morningstar, Inc. announced that it had agreed to buy LIM for $50.5 million.[3]
See also
[edit]References
[edit]- ^ Kadlec, Daniel (February 15, 1996). "History lesson has dismal conclusion". USA Today. McLean, Va. pp. 03.B. Archived from the original on June 4, 2011. Retrieved 27 January 2010.
- ^ United States Patent: 5778357
- ^ Stynes, Tess (December 11, 2009). "Morningstar To Buy Market-Data Provider Logical Information Machines". Dow Jones Newswires. online.wsj.com. Archived from the original on January 30, 2010. Retrieved 27 January 2010.
External links
[edit]- Official website
- Ruben Gamboa, LIM Senior Technical Consultant