Announced
Completed
Financials
Tags
Software
data management platform
Majority
United States
Private
Domestic
database
Friendly
Single Bidder
Completed
Acquisition
Synopsis
Truist, a provider of banking and trust services, completed the acquisition of Zaloni Arena Platform, a firm that accelerates its data governance, metadata management, advanced analytics, and artificial intelligence and machine learning programs. Financial terms were not disclosed. "Truist is making investments to continuously grow and evolve with our clients' banking needs. In partnership with Truist Ventures, we identified the Arena platform as an investment that will help us deliver better financial experiences, advance our strategy and demonstrate our purpose to inspire and build better lives and communities," Scott Case, Truist Chief Information Officer.
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