Announced
Financials
Sources
Tags
Single Bidder
Acquisition
Friendly
Pending
Poland
Private
artificial intelligence analytics
Auto Technology
Cross Border
Majority
Synopsis
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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