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New Deal


Announced

Completed

Qlik completed the acquisition of Kyndi.

Financials

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

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Friendly

Completed

Private

United Kingdom

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Software

Single Bidder

Acquisition

Domestic

Majority

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Qlik, a provider of data integration, analytics, and AI, completed the acquisition of Kyndi, an innovator in natural language processing, search, and generative AI. Financial terms were not disclosed. "I’m thrilled to join the Qlik team. Qlik is perfectly positioned to deliver on the promise of generative AI. We have a unique opportunity to enhance how AI-powered insights create value for customers. Introducing our innovations into Qlik's technology will enable the merging of structured and unstructured data, thereby empowering users with deeper insights and more informed decisions across a wide range of business scenarios," Ryan Welsh, Kyndi Founder and CEO.

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