Announced

LiveRamp to acquire DataFleets.

Synopsis

LiveRamp, the data connectivity platform, agreed to acquire DataFleets, a cloud data platform that enables data silos to be unified without moving data or compromising privacy. The transaction is expected to be completed in LiveRamp’s fiscal fourth quarter. Financial terms were not disclosed. “With the addition of DataFleets’ technology and their deeply experienced team of industry experts, LiveRamp is now even better positioned to expand our capabilities across geographies and industries. This transaction will support the expansion of LiveRamp’s offerings throughout Europe and in Asia-Pacific and the Latin American market in 2021, and help propel us into new addressable industries like healthcare and financial services, where the combination of DataFleets and LiveRamp together will power high-value use cases,” Warren Jenson, LiveRamp President and CFO.

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