Avanade Acquires Altius

March 9, 2020

Avanade has acquired London-based Altius, a provider of data performance management and AI solutions on the Microsoft platform, to strengthen its data, AI and managed services capabilities. Altius, which has offices in the Netherlands and India and employs 300+ cloud and data specialists, was a portfolio company of MML Capital Partners, which exited its investment. Financial terms were not disclosed.

Buyers
Avanade
Targets
Altius
Sellers
MML Capital Partners
Industry
Data & Analytics
Location
England, United Kingdom
Transaction Type
Buyout

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