Announced
Financials
Tags
Acquisition
Pending
data science
software solutions
machine learning
Friendly
Software
Private
Single Bidder
Domestic
United States
artificial intelligence
cognitive computing
Synopsis
Smarsh, a provider of communications risk prevention services to the financial industry, agreed to acquire Digital Reasoning, a software solutions provider. "Smarsh and Digital Reasoning's combined capabilities equip customers with an entirely new expertise that we are calling 'Communications Intelligence.' Using artificial intelligence and machine learning helps firms more efficiently supervise and mitigate risk at scale, and will now enable them to analyze their electronic communications to uncover business intelligence that can fuel sales and other revenue drivers," Brian Cramer, Smarsh CEO.
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