M&A Deal Summary

DataRobot Acquires Cursor

On February 26, 2019, DataRobot acquired information technology company Cursor

Acquisition Highlights
  • This is DataRobot’s 1st transaction in the Information Technology sector.
  • This is DataRobot’s 3rd transaction in the United States.
  • This is DataRobot’s 1st transaction in California.

M&A Deal Summary

Date 2019-02-26
Target Cursor
Sector Information Technology
Buyer(s) DataRobot
Deal Type Add-on Acquisition

Target

Cursor

Los Angeles, California, United States
Cursor is a data collaboration platform which integrates numerous sources of data, including databases, Business Intelligence platforms and Customer Relationship Management (CRM) systems.

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Buyer(S) 1

Buyer

DataRobot

Boston, Massachusetts, United States

Category Company
Founded 2012
Sector Information Technology
DESCRIPTION

DataRobot, Inc. is an automated machine learning platform that empowers users of all skill levels to make better predictions faster. DataRobot provides the fastest path to data science success for organizations of all sizes. DataRobot, Inc. was founded in 2012 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 3 of 9
Sector: Information Technology M&A 1 of 3
Type: Add-on Acquisition M&A Deals 3 of 8
State: California M&A 1 of 4
Country: United States M&A 3 of 8
Year: 2019 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-10 Nexosis

Columbus, Ohio, United States

Nexosis, Inc. is an automated machine learning software company. Nexosis makes it simple to start building machine learning applications. Nexosis, Inc. was founded in 2015 and is based in Columbus, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-20 ParallelM

Sunnyvale, California, United States

ParallelM, Inc. provides machine learning operations (MLOps) category, which helps organizations scale the deployment, management, and governance of machine learning in production using any ML platform on any cloud or on-premise environment. ParallelM, Inc. was founded in 2016 and is based in Sunnyvale, California.

Buy -