Announced
Completed
Synopsis
SAS, an AI and analytics company, completed the acquisition of Kamakura, a financial software company. Financial terms were not disclosed. “This acquisition is an extension of tremendous investments already made in SAS’ cloud-ready risk management platform and integrated solutions. It signals our intent to advance market-changing risk solutions to solve the most pressing challenges our financial services customers face. We foresee that the resulting strength of SAS technology, paired with Kamakura’s risk analytics and credit models, will prove far greater than the sum of its parts,” Jim Goodnight, SAS Co-Founder and CEO.
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