Announced
Financials
Tags
Friendly
IT Services: Other
Pending
Private
Private Equity
United States
Majority
Single Bidder
Domestic
security
Acquisition
Synopsis
SoftBank Group-backed Automation Anywhere, a robotic process automation company, agreed to acquire FortressIQ, a process discovery company. Financial terms are not disclosed. "The Fortress IQ team are the pioneers of process intelligence, making this a perfect match. Together, Automation Anywhere and FortressIQ will reshape the future of automation, changing the way our customers automate, adapt, and accelerate as they pursue digital transformation initiatives. I'm thrilled to welcome FortressIQ to the Automation Anywhere family once the transaction closes," Mihir Shukla, Automation Anywhere CEO and Co-Founder.
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