SparkCognition Acquires AIM2 from Brevan Howard and Nomura
February 23, 2021
SparkCognition has entered into an agreement to acquire AIM2, a financial-technology company focused on AI-driven market-making and quantitative trading products, from Brevan Howard and Nomura. The deal brings AIM2 products (including ORCA/AI Trader, Alpha Cycles, and Alpha Waves) and its team into SparkCognition to expand the company's AI capabilities and offerings for the financial services vertical.
- Buyers
- SparkCognition
- Targets
- AIM2
- Sellers
- Brevan Howard, Nomura
- Industry
- AI & Machine Learning
- Location
- Texas, United States
- Transaction Type
- Buyout
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