Alteryx to acquire Feature Labs.

Alteryx, an end-to-end analytics platform that empowers data analysts and scientists, has acquired Feature Labs, a data science software company that automates feature engineering for machine learning and artificial intelligence applications. Financial terms were not disclosed. Feature Labs' feature engineering capabilities, combined with the ease of use of the Alteryx Platform, creates an environment that further accelerates time-to-insight and time-to-value for analysts and data scientists alike. "Alteryx maintains its leadership in the market by continuing to evolve its best-in-class, code-free and code-friendly platform to anticipate and meet the demands of the 54 million data workers worldwide2. With the addition of our unique capabilities, we expect to empower more businesses to build machine learning algorithms faster and operationalize data science. Feature engineering is often a time-consuming and manual process and we help companies automate this process and deploy impactful machine learning models." Max Kanter, Feature Labs Co-founder and CEO.