Add-on Acquisition • Information Technology

Meltwater Acquires DeepReason.ai

On November 19, 2021, Meltwater acquired information technology company DeepReason.ai for 7M USD

Acquisition Context
  • This is Meltwater’s 4th transaction in the Information Technology sector.
  • This is Meltwater’s 4th largest (disclosed) transaction.
  • This is Meltwater’s 3rd transaction in the United Kingdom.

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M&A Deal Summary

Date November 19, 2021
Target DeepReason.ai
Sector Information Technology
Buyer(s) Meltwater
Deal Type Add-on Acquisition
Deal Value 7M USD

Target Company

DeepReason.ai

Oxford, United Kingdom
DeepReason.ai is an artificial intelligence start-up within the field of AI known as reasoning. DeepReason.ai unique technology is based on the Value Added Data Systems (VADA) research project. DeepReason.ai was founded in 2018 and is based in Oxford, United Kingdom.
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Buyer Overview 1

Buyer

Meltwater

San Francisco, California, United States

Category Company
Founded 2001
Sector Information Technology
Employees2,200
Revenue 411M EUR (2022)
DESCRIPTION

Meltwater is a provider of online intelligence solutions. Meltwater helps companies make better, more informed decisions based on insights from the outside. More than 25,000 companies use the Meltwater media intelligence platform to stay on top of billions of online conversations, extract relevant insights, and use them to strategically manage their brand and stay ahead of their competition. Meltwater was founded in 2001 and is based in San Francisco, California.


Deal Context for Buyer #
Overall 17 of 17
Sector: Information Technology 4 of 4
Type: Add-on Acquisition 15 of 15
Country: United Kingdom 3 of 3
Year: 2021 3 of 3
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-18 Owler

San Mateo, California, United States

Owler provides up-to-date business information in existence, powered by an active community of over 3.5M business professionals. Owler community consists of 5 million active business professionals who contribute up-to-date business information to Owler’s 14 million company profiles. Owler was founded in 2011 and is based in San Mateo, California.

Buy $25M