Linedata completed the acquisition of DreamQuark.

Linedata, a global provider of asset management and credit technology, data, and services, completed the acquisition of DreamQuark, a French startup specializing in the development of artificial intelligence platforms and services for the financial services sector. Financial terms were not disclosed. "At the heart of this alliance lies a shared vision of the critical importance of artificial intelligence for the financial sector, along with a perfect synergy in both values and technology. This acquisition enables us to incorporate ten years of technological know-how in AI, complementing Linedata's expertise in this area. The merging of DreamQuark's talents with those of Linedata opens new avenues to offer our clients innovative solutions to their business challenges," Timothée Raymond, Linedata Head of Business Development.