Alteryx purchases rival Trifacta in $400M bargain
Alteryx, the big-data analytics company, is buying Trifacta Inc. for $400 million in cash. The acquisition is aimed at helping Alteryx accelerate its own journey to the cloud and bring it access to more enterprise buyers. It helps businesses tap into modern data architectures built on cloud data warehouses, as well as num;erous software-as-a-service apps. The deal should be completed before the end of the first quarter, subject to customer closing conditions. Analyst Doug Henschen said he sees a lot of value for Alteryx in its close relationship with Google’s…
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