Announced

Altor-backed Silo AI to acquire Combient Mix from Combient.

Synopsis

Altor-backed Silo AI, a private AI lab, agreed to acquire Combient Mix, a data science and analytics company, from Combient, a cross-industry collaboration network. Financial terms were not disclosed. “This partnership is a natural step towards building a European AI flagship. What Marcus Wallenberg and Mats Agervi initiated in 2015, with some of the strongest Nordic companies, has now become Nordics’ leading cross-industry collaboration network. We’re impressed by Combient Mix with Ali Sarrafi at the front, and see Combient Group as a unique partner in accelerating the industrial adoption of AI in Europe,” Peter Sarlin, Silo AI Co-Founder and CEO.

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