AI capabilities a target for merger and acquisition activity
Merger and acquisition activity among analytics vendors has picked up in recent months. After more than a year between Salesforce's $15.7 billion acquisition of Tableau in June 2010 and Tibco's purchase of IBI (formerly Information Builders) for an undisclosed amount in October 2020, recent months have been a busy time for merger and acquisition activity. Talend was acquired by private equity firm Thoma Bravo in March 2021. Logi Analytics was acquired by ERP vendor Insightsoftware in April 2021 and subsequently purchased Izenda just eight days later. And ThoughtSpot, after going nine years without acquiring another company, has acquired two so far in 2021.
Jul-29-2021, 14:50:28 GMT