Celonis to acquire Symbio from Fortino Capital.

Celonis, a process mining firm, agreed to acquire Symbio, an innovative provider of AI-driven Business Process Management, from Fortino Capital, a European B2B software investor. Financial terms were not disclosed. "With Celonis and Symbio joining forces, we have made a huge leap towards providing our customers with an even richer class of process intelligence. Symbio enhances the capabilities of the Celonis platform, bringing world-class process mining and process management together in one home. Customers will now be able to not only mine their processes to identify opportunities and capture value, but also design their processes with a modern, AI-assisted process modeling solution," Alex Rinke, Celonis co-CEO and co-founder.