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Knoema Acquires Adaptive Management to Expand Research in Knowledge Management Arena
Tuesday 25 February 2020

25 February 2020 - New York-based data and knowledge management platform Knoema has acquired alternative data aggregator Adaptive Managemen to enable users to integrate, discover and use enterprise data assets, the company said.

Financial terms of the transaction are not being disclosed.

The acquisition adds nearly 1,300 alternative datasets to Knoema, expanding the reach of solutions available for discovering, integrating, and using data.

This acquisition will combine Knoema's advanced knowledge management platform and global data repository with Adaptive's catalog of thousands of alternative datasets to deliver the most powerful solution available for enabling technical and non-technical users to integrate, discover, and use their enterprise data assets.

For the acquisition Covington and Burling, LLP provided counsel to Knoema and Gunderson Dettmer provided counsel to Adaptive Management.

Knoema provides an end-to-end data and knowledge management platform with the ability to integrate, visualise, and autonomously discover proprietary and subscription data throughout enterprises.
Details
Date Published: 25/02/2020
Target: Adaptive Management
Country: USA
Sector: IT/Online Services
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Knoema
Comment:
Terms of the deal were not disclosed

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