Linedata announces acquisition of DreamQuark to bolster its AI-based decision solutions
Acquiring Company
Linedata
Acquired Company
DreamQuark
ParisParisFinancial ServicesSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingDescription
Linedata, a global solutions provider for the investment management and credit community, has revealed the acquisition of DreamQuark, a leading AI platform provider for financial services. This strategic move aims to incorporate DreamQuark's expertise in AI and machine learning into Linedata's offerings, enabling enhanced solutions for risk, compliance, and customer experience in the financial industry.
Quick answer
Linedata is acquiring DreamQuark, announced April 9, 2024. Linedata is based in Paris, Ile-de-France, France.
- How much did Linedata pay for DreamQuark?
- The deal value was not disclosed.
- What does Linedata do?
- Linedata is a global solutions provider dedicated to the investment management and credit community, with close to 20 offices in 50 countries.
- Where are Linedata and DreamQuark based?
- Linedata is based in Paris, Ile-de-France, France. DreamQuark is based in Paris, Ile-de-France, France.
Source: Fundz verified event record.
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- Permira acquires Israeli fraud prevention provider BioCatch (May 2, 2024)
- Epicor completes acquisition of Smart Software to enhance AI-powered inventory planning & optimization technologies (May 1, 2024)
- HubHead Corp. strengthens vertical AI strategy with acquisition of DataSeer, Inc. (April 18, 2024)
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Frequently asked
Who acquired DreamQuark?
DreamQuark was acquired by Linedata, based in Paris. The deal was reported on April 9, 2024. Linedata is a global solutions provider dedicated to the investment management and credit community, with close to 20 offices in 50 countries. Linedata is privately held and operates in Financial Services.
When did Linedata acquire DreamQuark?
Linedata's acquisition of DreamQuark was reported on April 9, 2024. Linedata, a global solutions provider for the investment management and credit community, has revealed the acquisition of DreamQuark, a leading AI platform provider for financial services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does DreamQuark do?
DreamQuark is a global provider of an AI platform dedicated to financial services, providing intelligent solutions for risk, compliance, and marketing teams. It is privately held, operating in Software, and is based in Paris.
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