Proemion Holding GmbH Acquires TrendMiner NV from Software AG

Hexagon AB Acquires IconPro

December 16, 2025

AI & Machine Learning

Hexagon AB announced the acquisition of IconPro, a German industrial AI solutions provider specializing in intelligent asset maintenance. IconPro’s Apollo software remotely monitors machine operations, conditions, and events, which Hexagon will integrate into its metrology solutions to deliver AI-driven analytics for reducing downtime and improving manufacturing productivity.

Instem Acquires Xybion Digital from Banerjee Group LLC

July 31, 2025

Cloud & SaaS

Instem has closed the acquisition of Xybion Digital (Xybion), the maker of the Pristima preclinical study management platform, from Banerjee Group LLC controlled by Dr. Pradip K. Banerjee. The deal expands Instem's SaaS capabilities in preclinical R&D and LIMS, adds significant pharmaceutical and CRO customers across more than 30 countries, and brings Xybion's advisory services and Autoscribe LIMS into Instem's portfolio.

Battery Ventures Invests €33.5M in Proemion

October 24, 2022

Cloud & SaaS

Battery Ventures has made a €33.5 million growth investment in Proemion, the Germany-based provider of hardware-enabled telematics and cloud software for mobile machines. The capital will be used to accelerate international expansion, broaden Proemion’s telematics platform and pursue acquisitions; Battery partners have joined Proemion’s board as part of the transaction.

Altair Acquires RapidMiner

September 16, 2022

Data & Analytics

Altair has signed and completed a definitive agreement to acquire RapidMiner, a provider of low-code data analytics and machine learning software. The acquisition expands Altair's end-to-end data analytics and machine learning capabilities, integrating RapidMiner's desktop and cloud platforms into Altair's analytics portfolio to better serve industries such as manufacturing and financial services.

iGrafx Acquires Logpickr

January 31, 2022

Software

iGrafx has acquired Logpickr, a Rennes-based process mining specialist, and will integrate Logpickr's Process Explorer 360 into its Business Transformation Platform to accelerate process discovery, automation decisions, and regulatory compliance. The acquisition expands iGrafx's BPM capabilities by adding machine learning-driven process mining to its product suite and is effective immediately.

CONET Technologies Acquires PROCON IT AG

December 12, 2019

IT Services

CONET Technologies, a portfolio company of H.I.G. Capital, has agreed to acquire PROCON IT AG. The deal strengthens CONET's presence in southern Germany and expands its capabilities in SAP Business Intelligence, data intelligence, and cloud solutions; PROCON IT's management will remain in place.