Rivean Capital completed the acquisition of Dataciders from AUCTUS Capital.

Rivean Capital, a private equity firm, completed the acquisition of Dataciders, a provider of data & analytics services, from AUCTUS Capital, a financial services and investment banking firm. Financial terms were not disclosed. "Dataciders' vision is that no one will ever have to make bad business decisions again, but that data analysis will provide the appropriate basis for business success. According to current studies on digital infrastructure, Germany is falling further and further behind worldwide. For example, the IDM World Competitiveness Ranking puts our country in 49th place in the area of data & analytics. Dataciders wants to help strengthen our digital competitiveness and bring Germany back into the top 10," Dr. Gero Presser, Dataciders CEO and Co-Founder.