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Announced

WeWork to acquire workplace real estate platform SpaceIQ.

Synopsis

WeWork, an American company that provides shared workspaces for technology startup subculture communities, agreed to acquire workplace real estate platform SpaceIQ. Financial terms were not disclosed. “SpaceIQ’s incredible team and technology will help us build on our existing enterprise stack of workplace experience software and insights, and allow us to provide companies with workplace real estate management and optimization, including move management, space stacking, and richer portfolio analytics,” said Shiva Rajaraman, WeWork’s chief technology officer. “We’re thrilled to welcome SpaceIQ to the WeWork family.”

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