M&A Deal Summary

SparkCognition Acquires AIM2

On February 23, 2021, SparkCognition acquired information technology company AIM2

Acquisition Highlights
  • This is SparkCognition’s 1st transaction in the Information Technology sector.
  • This is SparkCognition’s 1st transaction in the United States.
  • This is SparkCognition’s 1st transaction in Texas.

M&A Deal Summary

Date 2021-02-23
Target AIM2
Sector Information Technology
Buyer(s) SparkCognition
Deal Type Add-on Acquisition

Target

AIM2

Austin, Texas, United States
AIM2 is a financial technology company that is transforming market-making and quantitative investment strategy with cutting-edge artificial intelligence products. AIM2 was founded in 2015 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

SparkCognition

Austin, Texas, United States

Category Company
Founded 2013
Sector Software
DESCRIPTION

SparkCognition builds AI platforms that enable the world’s most creative problem solvers to ignite lasting impact in their organizations and throughout the world. SparkCognition was founded in 2013 and is based in Austin, Texas.


DEAL STATS #
Overall 1 of 4
Sector: Information Technology M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 4
State: Texas M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2021 M&A 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-19 Ensemble Energy

Sunnyvale, California, United States

Ensemble Energy is a provider of software products and services for the renewable energy industry. The Company combines deep renewable energy domain expertise with the latest in cloud computing and data analytics. Ensemble Energy was founded in 2017 and is based in Sunnyvale, California.

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