M&A Deal Summary

Alteryx Acquires Lore IO

On October 22, 2021, Alteryx acquired software company Lore IO

Acquisition Highlights
  • This is Alteryx’s 4th transaction in the Software sector.
  • This is Alteryx’s 4th transaction in the United States.
  • This is Alteryx’s 2nd transaction in California.

M&A Deal Summary

Date 2021-10-22
Target Lore IO
Sector Software
Buyer(s) Alteryx
Deal Type Add-on Acquisition

Target

Lore IO

Sunnyvale, California, United States
Lore IO is a no-code AI-enabled data modeling platform that rapidly deploys analytics that adapt easily within a changing business environment. Lore IO was founded in 2015 and is based in Sunnyvale, California.

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Buyer(S) 1

Buyer

Alteryx

Irvine, California, United States

Category Company
Founded 1997
Sector Software
Employees2,372
Revenue 855M USD (2022)
DESCRIPTION

Alteryx is a provider of self-service data analytics software. Alteryx's software platform enables organizations to dramatically improve business outcomes and the productivity of their business analysts. Alteryx's subscription-based platform allows organizations to prepare, blend, and analyze data from a multitude of sources and more quickly benefit from data-driven decisions. The ease-of-use, speed, and sophistication that its platform provides is enhanced through intuitive and highly repeatable visual workflows. Alteryx was founded in 1997 and is based in Irvine, California.


DEAL STATS #
Overall 5 of 8
Sector (Software) 4 of 6
Type (Add-on Acquisition) 5 of 6
State (California) 2 of 4
Country (United States) 4 of 6
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-07 Hyper Anna

Sydney, Australia

Hyper Anna is a cloud platform for generating artificial intelligence (AI)-driven automated insights from data. Hyper Anna's platform provides faster, better insights that scale and overcomes the issue presented by traditional business intelligence (BI) dashboards where the analytical output is predefined and unaware of the business users' contexts. Hyper Anna was founded in 2016 and is based in Sydney, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Trifacta

San Francisco, California, United States

Trifacta is a provider of data wrangling software that enables non-technical users to easily transform data for analysis. Trifacta provides proven, scalable cloud data management capabilities natively and securely for major cloud deployments, including Google Cloud Platform (GCP), Amazon Web Services (AWS), and Microsoft Azure. Trifacta is based in San Francisco, California.

Buy $400M