M&A Deal Summary

Palantir Technologies Acquires Silk

On August 10, 2016, Palantir Technologies acquired internet software and services company Silk

Acquisition Highlights
  • This is Palantir Technologies’ 6th transaction in the Internet Software and Services sector.
  • This is Palantir Technologies’ 6th transaction in the United States.
  • This is Palantir Technologies’ 5th transaction in California.

M&A Deal Summary

Date 2016-08-10
Target Silk
Sector Internet Software and Services
Buyer(s) Palantir Technologies
Deal Type Add-on Acquisition

Target

Silk

San Francisco, California, United States
Silk creates web-based tools to help users better visualize and manipulate data. Silk was formed in 2010 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

Palantir Technologies

Denver, Colorado, United States

Category Company
Founded 2003
Sector Software
Employees3,661
Revenue 2.9B USD (2024)
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 6 of 6
Sector: Internet Software and Services M&A 6 of 6
Type: Add-on Acquisition M&A Deals 6 of 6
State: California M&A 5 of 5
Country: United States M&A 6 of 6
Year: 2016 M&A 2 of 2
PREVIOUS 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 -