Quantexa completed the acquisition of Aylien.

Quantexa, a decision intelligence platform for the banking, insurance, and government sectors, completed the acquisition of Aylien, an artificial intelligence startup that focuses on creating technologies that help machines understand human languages better. Financial terms were not disclosed. “We are thrilled to welcome the Aylien team into the Quantexa organization following an extensive process run by our Corporate Development team. Aylien is a first-class organization with an impressive team that continues to push the boundaries of what is possible in NLP. Their unique approach and commitment to combining research and commercial software development has allowed Aylien to deliver significant value to their customers using AI to extract intelligence for critical decision making. Our organizations are strongly aligned when it comes to how we build our solutions and our cultural values,” Vishal Marria, Quantexa CEO.