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New Deal


Announced

Snowflake to acquire Applica.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

Friendly

Pending

Poland

Private

artificial intelligence analytics

Auto Technology

Cross Border

Majority

Synopsis

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Snowflake, a cloud data warehousing company, agreed to acquire Applica, an AI platform for document understanding. Financial terms were not disclosed. With this acquisition, Snowflake’s customers will be able to more easily leverage unstructured data in the Snowflake Data Cloud. Closing of the acquisition is subject to customary closing conditions.

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