M&A Deal Summary

SparkCognition Acquires Maana

On July 1, 2021, SparkCognition acquired software company Maana

Acquisition Highlights
  • This is SparkCognition’s 2nd transaction in the Software sector.
  • This is SparkCognition’s 3rd transaction in the United States.
  • This is SparkCognition’s 2nd transaction in California.

M&A Deal Summary
Date 2021-07-01
Target Maana
Sector Software
Buyer(s) SparkCognition
Deal Type Add-on Acquisition

Target

Maana

Menlo Park, California, United States
Maana is a digital knowledge platform company. Maana's software enables subject matter experts to develop AI-driven, business-critical solutions. Subject matter experts use Maana's no-code/low-code tools to encode domain knowledge, decision processes, and critical reasoning, then collaborate with data scientists and developers to build applications that optimize business operations. Maana was founded in 2012 and is based in Palo Alto, California.

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Buyer(S) 1

Buyer

SparkCognition

Austin, Texas, United States
Category Company
Founded 2013
Sector Software
DESCRIPTION

SparkCognition builds AI platforms that enable the world’s most creative problem solvers to ignite lasting impact in their organizations and throughout the world. SparkCognition was founded in 2013 and is based in Austin, Texas.

DEAL STATS #
Overall 3 of 4
Sector (Software) 2 of 2
Type (Add-on Acquisition) 3 of 4
State (California) 2 of 2
Country (United States) 3 of 3
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-19 Ensemble Energy

Sunnyvale, California, United States

Ensemble Energy is a provider of software products and services for the renewable energy industry. The Company combines deep renewable energy domain expertise with the latest in cloud computing and data analytics. Ensemble Energy was founded in 2017 and is based in Sunnyvale, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-25 Integration Wizards

Bangalore, India

Integration Wizards is a provider in visual AI technology that provides solutions to global organizations including Hindustan Petroleum, Reliance Industries Limited, Heineken, Xerox, Novo Nordisk, and Johnson Controls. Integration Wizards was founded in 2014 and is based in Bangalore, India.

Buy -
Mergr

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