Eldridge Industries completed the acquisition of Knoema.

Eldridge Industries, an asset management and insurance holding company, completed the acquisition of Knoema, a data technology solutions company. Financial terms were not disclosed. “Today, data is not only difficult to find, but also challenging to distill into usable information. By leveraging the right technology, organizations can dramatically reduce spend and increase the speed of generating insights. The acquisition by Eldridge gives us the opportunity to help organizations across numerous sectors arm themselves with the data and data infrastructure to execute on their digital and data transformation initiatives, vital to long-term sustainability,” Charles Poliacof, Knoema CEO.