Battery Ventures-backed Proemion to acquire TrendMiner from Software.

Battery Ventures-backed Proemion, a provider of advanced data and analytics technology for mobile industrial assets, agreed to acquire TrendMiner, an industrial analytics company, from Software, a multinational software corporation. Financial terms were not disclosed. “We are thrilled to welcome TrendMiner to the Proemion family and expand our business into exciting new areas of machine and industrial monitoring. TrendMiner will allow us to provide critical analytics software in a broader range of industrial settings, sell to a new cohort of customers and help companies operate more efficient, safer and greener industrial facilities. We look forward to building upon TrendMiner’s robust offering for the process industries and further enhancing the capabilities TrendMiner provides to leading process manufacturing companies globally," Robert Thomas Michaelides, Proemion CEO.