Tuesday, June 18, 2024
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Merger & Acquisition Digest

A roundup of this week’s mergers and acquisitions in B2B…

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DataRobot, a leader in automated machine learning, announced the acquisition of Nutonian, Inc., a data science software company specializing in time series analytical modeling. Terms of the acquisition were not disclosed, and the deal is officially closed.

Developed in Cornell’s Artificial Intelligence Lab by two of the “World’s Most Powerful Data Scientists,” Nutonian’s A.I.-powered modeling engine, Eureqa, powers predictive and prescriptive analytics at global companies, including Audi, Beck’s Hybrids, NASA, and RealPage. Eureqa is renowned for its success in time series analytics and for creating easy-to-interpret predictive models in minutes rather than weeks or months.

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MemberClicks, a leading provider of membership management software for small-staff associations, announced the acquisition of ePly, an online event registration software company located in Vancouver, Canada. Founded in 2001, ePly handles registration for conferences, workshops, galas and other events for more than 600 different organizations across North America, including event planning companies, government agencies, nonprofits, universities and corporations. The company brings extensive expertise in online event registrations to MemberClicks and the small-staff association community.

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Teneo Holdings, a global CEO advisory firm, announced the acquisition of Cabinet DN, a leading European public affairs and strategic communications firm based in Brussels. The transaction represents a major expansion of Teneo’s European public affairs capabilities and brings the firm’s global headcount to over 600 employees operating from key markets around the world across 12 different operating divisions.

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