Tech Company M&A Transactions
Kensho Acquisition
Kensho was acquired by S&P Global. The transaction was announced on 3/6/2018. S&P Global disclosed that the acquisition price was $550 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/6/2018
Transaction Type
M&A
Amount
$550,000,000
M&A Terms
The acquisition of Kensho will strengthen S&P Global's emerging technology capabilities, enhance its ability to deliver essential, actionable insights that will transform the user experience for its clients, and accelerate efforts to improve efficiency and effectiveness of its core internal operations. S&P Global will acquire Kensho for approximately $550m, net of cash acquired, for a mix of cash and stock.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
17 Dunster St.
Cambridge, MA 02138
USA
Cambridge, MA 02138
USA
Phone
Undisclosed
Website
Email Address
Overview
Kensho combines natural language search queries, graphical user interfaces, and secure cloud computing to create a new class of analytics tools for investment professionals.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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