ThoughtSpot Acquires Mode Analytics for $200M

July 19, 2023

ThoughtSpot agreed to acquire Mode Analytics in a $200 million cash and equity transaction, making Mode a wholly owned subsidiary. The deal combines ThoughtSpot's AI-powered natural language search and generative AI capabilities with Mode's code-first BI and visualization tooling to expand ThoughtSpot's product portfolio and accelerate growth.

Buyers
ThoughtSpot
Targets
Mode Analytics
Industry
Data & Analytics
Location
California, United States
Transaction Type
Buyout

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