Rivean Capital-backed Dataciders completed the acquisition of PASO Solutions.

Rivean Capital-backed Dataciders, a provider of data and AI focused services, completed the acquisition of PASO Solutions, a developer of customer-specific software solutions in data and AI. Financial terms were not disclosed. "The collaboration within the Dataciders Group offers enormous potential for new business partners in Austria. As a regionally recognized player, we can now also implement large, long-term projects from a single source with the power of a renowned data & AI leader. We are looking forward to becoming part of a great success story in order to grow together and achieve greater goals," Herbert Pataky, PASO Solutions Founder and Managing Director.