M&A Deal Summary

Semantix Acquires Elemeno AI

On January 4, 2023, Semantix acquired internet software and services company Elemeno AI

Acquisition Highlights
  • This is Semantix’s 1st transaction in the Internet Software and Services sector.
  • This is Semantix’s 1st transaction in the United States.
  • This is Semantix’s 1st transaction in California.

M&A Deal Summary

Date 2023-01-04
Target Elemeno AI
Sector Internet Software and Services
Buyer(s) Semantix
Deal Type Add-on Acquisition

Target

Elemeno AI

San Francisco, California, United States
Elemeno AI provides cloud-managed, machine learning operations (MLOps) platform provider focused on helping businesses leverage the benefits of artificial intelligence. Elemeno AI was founded in 2021 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

Semantix

Stockholm, Sweden

Category Company
Founded 1975
Sector Business Services
Revenue 600M SEK (2015)
DESCRIPTION

Semantix is a provider of professional language and communications services in the Nordic region. The company offers interpreting, translation, training, and writing services through its network of about 7,000 professional translators, interpreters, and language consultants. Its customers include public authorities, municipalities, county councils, and large and small companies in most industries. Semantix was formed in 1975 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 5 of 5
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-31 Zetta

São Paulo, Brazil

Zetta is a Brazilian health tech company focused on data analytics, with the strategic objective to further expand Semantix’s presence and capabilities in serving healthcare clients through proprietary SaaS data solutions. Zetta was founded in 2019 and is based in São Paulo, Brazil.

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