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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