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CME completes acquisition of Augmental, leading a new era of educational transformation

PRIVATEMay 24, 2024

Acquiring Company

CME

Acquired Company

Augmental

DubaiLewesInformation TechnologyArtificial IntelligenceArtificial IntelligenceEducationAnalyticsMachine LearningE LearningEdtech

Description

CME, an international leader in technology solutions, has announced the acquisition of Augmental, a cutting-edge EdTech company. This strategic partnership combines CME's technological expertise with Augmental's innovative tools to transform the education sector.

Quick answer

CME is acquiring Augmental, announced May 24, 2024. CME is based in Dubai, Dubai, United Arab Emirates.

How much did CME pay for Augmental?
The deal value was not disclosed.
What does CME do?
CME is a multinational enterprise offering premium technology services and solutions.
Where are CME and Augmental based?
CME is based in Dubai, Dubai, United Arab Emirates. Augmental is based in Lewes, Delaware, United States.
Who are the decision-makers at CME?
Fundz holds 1 contact at CME. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

CME

Location

Dubai, Dubai, United Arab Emirates

About

CME is a multinational enterprise offering premium technology services and solutions. Over the years, CME has helped 100+ global clients, including renowned Fortune 500 companies, become leaders in their fields. The company’s end-to-end solutions and comprehensive services cover Enterprise Application Services, Data & Analytics, User Experience, Artificial Intelligence, the Internet of Things, and DevOps. With a skilled team across 8 locations, CME has delivered 300+ innovative and impactful projects, contributing to 8 US Patents and serving 80 million users daily.

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Frequently asked

Who acquired Augmental?

Augmental was acquired by CME, based in Dubai. The deal was reported on May 24, 2024. CME is a multinational enterprise offering premium technology services and solutions. Over the years, CME has helped 100+ global clients, including renowned Fortune 500 companies, become leaders in their fields. CME is privately held and operates in Information Technology.

When did CME acquire Augmental?

CME's acquisition of Augmental was reported on May 24, 2024. CME, an international leader in technology solutions, has announced the acquisition of Augmental, a cutting-edge EdTech company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Augmental do?

Augmental is an AI-powered, white-labeled learning platform that empowers educational institutions and course creators by offering next-generation personalized learning experiences, intelligent content creation, and data-driven analytics. It is privately held, operating in Artificial Intelligence, and is based in Lewes.

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