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Announced

IBM to acquire myInvenio.

Synopsis

IBM, an American multinational technology company, agreed to acquire myInvenio, a process mining software company based in Reggio Emilia, Italy. Financial terms were not disclosed. "Through IBM's planned acquisition of myInvenio, we are revolutionizing the way companies manage their process operations. myInvenio's unique capability to automatically analyze processes and create simulations -- what we call a 'Digital Twin of an Organization' -- is joining with IBM's AI-powered automation capabilities to better manage process execution. Together we will offer a comprehensive solution for digital process transformation and automation to help enterprises continuously transform insights into action," Massimiliano Delsante, myInvenio CEO.

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