Data & Analytics Acquisitions in 2016

Morningstar, Inc. has completed its acquisition of PitchBook Data, Inc., the Seattle-based provider of private capital market data, research, and technology. The deal adds PitchBook’s platform and approximately 600 employees to Morningstar’s data and analytics offerings to expand capabilities in private capital markets.

EXL (NASDAQ:EXLS) has acquired Datasource Consulting, LLC, a Denver-based enterprise data management and business intelligence firm. The acquisition expands EXL's data strategy, data architecture and BI capabilities, enabling broader end-to-end enterprise data management and ongoing data services.

Ignite Marketing Analytics, an affiliate of Ignite Technologies and part of the ESW Capital family, has acquired ThinkVine, a provider of cross-channel marketing attribution and optimization technology and services. The deal brings ThinkVine's analytics and advisory capabilities into Ignite's MarTech portfolio to expand capabilities and scale the product and customer-success programs under Ignite's platform.

Ultimate Software (Nasdaq: ULTI) has acquired Kanjoya, a San Francisco-based workforce intelligence and analytics provider, and will integrate Kanjoya’s natural-language processing technology into its UltiPro HCM suite as UltiPro Perception. The Kanjoya team, including founder Armen Berjikly, will join Ultimate’s San Francisco R&D hub to support employee sentiment, survey and predictive analytics capabilities.

IMS Health acquired Privacy Analytics to integrate its de-identification and data governance technology into IMS Health’s Real-World Evidence (RWE) platform, expanding the company’s capabilities in privacy-preserving analytics for life sciences and healthcare clients. The acquisition will allow IMS Health to offer Privacy Analytics’ software and advisory services across its global client base while continuing to offer the solutions as an independent product suite.