Announced
Completed
Financials
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Tags
Friendly
Completed
Private
United Kingdom
text-based data
Software
Single Bidder
Acquisition
Domestic
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Synopsis
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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