Qlik Acquires Intellectual Property and Technology from Kyndi
January 18, 2024
Qlik has acquired key intellectual property (patents and technology) from Kyndi, a developer of natural language processing, search, and generative AI, and will integrate Kyndi's unstructured-data capabilities into Qlik Cloud. Kyndi's CEO and several AI experts will join Qlik as part of the transaction, strengthening Qlik's ability to deliver context-rich, generative-AI answers that combine structured and unstructured data.
- Buyers
- Qlik
- Targets
- Kyndi
- Sellers
- Kyndi
- Industry
- AI & Machine Learning
- Location
- California, United States
- Transaction Type
- Divestiture
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