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Synopsis
TA Associates, a private equity company, completed the acquisition of FD Technologies, provider of products and consulting services to some of the world's largest finance, technology and energy institutions, for $722m. “With the acquisition now complete, we’re thrilled to officially begin our partnership with KX. Having spent decades investing in and scaling enterprise software companies, we’ve seen how category-defining platforms can shape the future of technology. KX, trusted by some of the world’s most sophisticated organizations, stands out for its ability to process time-series and sensor data at speed and scale. As industries increasingly adopt AI-native, streaming-first architectures, we believe KX is well positioned to lead that evolution. We’re proud to partner with the entire KX team as they continue to advance the platform for the next generation of innovation,” Hythem El-Nazer, TA Co-Managing Partner.
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