Tech Company M&A Transactions
PredictionIO Acquisition
PredictionIO was acquired by Salesforce. The transaction was announced on 2/19/2016. Financial terms were not announced.
Transaction Overview
Company Name
Acquired By
Announced On
2/19/2016
Transaction Type
M&A
Amount
Unknown
M&A Terms
PredictionIO's open source technology will remain open source and free for all users. The team will continue to work on evolving the project into a self-sustaining community. We're also reducing the PredictionIO Cluster software fee on AWS Cloudformation to $0 for the first time. Financial terms of the transaction were not disclosed by the companies.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
Undisclosed
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
PredictionIO is an open source machine learning server for software developers to create predictive features, such as personalization, recommendation and content discovery.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Simon Chan
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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