.
MergerLinks Header Logo

New Deal


Announced

Completed

SymphonyAI completed the acquisition of 1010data.

Financials

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

Tags

Edit

United States

decision science company

Software

Acquisition

Domestic

Private

Friendly

Completed

Single Bidder

Majority

Synopsis

Edit

SymphonyAI, an AI SaaS company, completed the acquisition of 1010data, a decision science and data management solutions provider. Financial terms were not disclosed. "This strategic acquisition accelerates and strengthens SymphonyAI's mission to become the leading enterprise AI SaaS company delivering value to the most critical and resilient industries. 1010data's customers will benefit from additional depth and velocity of technology innovation as the organizations unite. We welcome 1010data customers and are excited about the 1010data team becoming members of SymphonyAI with the opportunity to excel, building on 1010data's proven strengths and leveraging SymphonyAI's predictive and generative AI technology," Sanjay Dhawan, SymphonyAI CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US