M&A Deal Summary

Palantir Technologies Acquires FT Technologies

On February 6, 2015, Palantir Technologies acquired internet software and services company FT Technologies

Acquisition Highlights
  • This is Palantir Technologies’ 4th transaction in the Internet Software and Services sector.
  • This is Palantir Technologies’ 4th transaction in the United States.
  • This is Palantir Technologies’ 3rd transaction in California.

M&A Deal Summary

Date 2015-02-06
Target FT Technologies
Sector Internet Software and Services
Buyer(s) Palantir Technologies
Deal Type Add-on Acquisition

Target

FT Technologies

Palo Alto, California, United States
Fancy That is a developer of enterprise software tools for the retail industry.

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Buyer(S) 1

Buyer

Palantir Technologies

Denver, Colorado, United States

Category Company
Founded 2003
Sector Software
Employees3,661
Revenue 2.2B USD (2023)
DESCRIPTION
Palantir's corporate headquarters in Palo Alto, California.
Palantir's corporate headquarters in Palo Alto, California.

Palantir Technologies is an entity which focuses on creating user experiences for working with data, that empowers people to ask and answer complex questions without requiring them to master querying languages, statistical modeling, or the command line. To achieve this, Palantir builds platforms for integrating, managing, and securing data on top of which we layer applications for fully interactive human-driven, machine-assisted analysis. Palantir Technologies was founded in 2003 and is based in Denver, Colorado.


DEAL STATS #
Overall 4 of 6
Sector (Internet Software and Services) 4 of 6
Type (Add-on Acquisition) 4 of 6
State (California) 3 of 5
Country (United States) 4 of 6
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-31 Propeller

San Francisco, California, United States

Propeller, Inc. is a web platform to create a mobile application.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-15 kimonolabs

San Francisco, California, United States

kimonolabs, Inc. is a platform that transforms websites into application programming interface.

Buy -