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Acquisition

Elsevier acquires SciBite to accelerate solutions for life sciences and corporate R&D industries

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Elsevier acquires SciBite to accelerate solutions for life sciences and corporate R&D industries

Elsevier, a global research publishing and information analytics provider, and part of RELX, has acquired SciBite, a semantic AI company headquartered in Cambridge, UK, to help customers make faster, more effective R&D decisions through advanced text and data intelligence solutions.

SciBite’s solutions identify and extract scientific insights from structured and unstructured text and content, to identify key concepts such as drugs, proteins, companies, targets, and outcomes. This semantically-enriched, machine-readable data, helps SciBite’s customers around the world make streamlined, more efficient decisions.

SciBite was founded in 2011 by Dr. Lee Harland, who currently serves as Chief Scientific Officer at the company, with a mission to help customers better understand the complexities of life sciences data. SciBite’s major products include: TERMite, an AI and ontology driven text analysis engine; DOCstore, which transforms search through semantic indexing; and CENtree, a next-generation collaborative ontology management platform; they are complemented by a suite of apps that support its core technology and allow customers to automate data-curation and manage terminology standards.

Dr. Harland said: “I am incredibly proud of everyone at SciBite; we believe that our continued investment in innovative technology enables our customers to address the huge challenges they face in creating, connecting and analyzing disparate content and data. Our track record in driving new insights and efficiencies within drug discovery and the wider life sciences is something we will continue to build upon in this next phase of our journey.”

Rob Greenwood, CEO and President, SciBite, said: “This is an exciting next step for our business. The combined offering of Elsevier’s high-quality content and data and the innovative technology from SciBite will deliver amazing value for any data led strategy across the scientific community. As part of the Elsevier organization, SciBite will have the ability to deliver enterprise technology, and new advances in scientific insight and discovery across its broad reaching global customer base.”

Elsevier helps researchers and healthcare professionals advance science and improve health outcomes for the benefit of society. To support this, Elsevier’s Life Sciences Solutions division is transforming from a provider of reference solutions into a creator of data and information analytics capable of supporting multiple scientific domain-specific use cases, ranging from search and discovery through to machine learning and AI.

SciBite’s proven and award-winning solutions will enable Elsevier to develop its Life Sciences Solutions services, such as: Reaxys, which powers chemistry research and development; Embase, the world’s most comprehensive international database of biomedical information; and Entellect, its FAIR data compliant platform that integrates, stores, and enriches client data with Elsevier and third-party content into a common analytical environment.

Cameron Ross, Managing Director Life Sciences Solutions, Elsevier, said: “The life sciences and corporate R&D communities face complex challenges, with an ever-expanding sea of data and content to extract knowledge from. We aim to combine Elsevier’s expertise and content from existing products, with SciBite’s impressive capabilities and suite of ontology-led products, to support more customers around the world make data led decisions in the drug development process.”

Stuart Whayman, Chief Commercial Officer, Elsevier, said: “Elsevier and SciBite have an aligned vision to better understand the complexities of the life sciences to better serve our customers, a vision which we believe will create exciting opportunities in the future. I am very pleased to welcome the SciBite team to Elsevier and look forward to working with them in the future.”

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Acquisition

Mphasis Acquires Datalytyx, a DataOps specialist in the Snowflake and Talend ecosystem

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Mphasis Acquires Datalytyx, a DataOps specialist in the Snowflake and Talend ecosystem

Mphasis, (BSE: 526299) and (NSE: MPHASIS), an Information Technology (IT) solutions provider specialising in cloud and cognitive services, announced today, its acquisition of Datalytyx, a leading next-gen data engineering and consultancy company. Headquartered in London, United Kingdom, Datalytyx provides Next-gen Data Engineering, Data Ops and Master Data Management solutions on Snowflake and Talend environments to clients globally. As the first Snowflake Rockies Partner in the UK, a Snowflake Select Solutions Partner, and a Platinum VAR partner of Talend, Datalytyx provides services for modern data projects enabling faster, more accurate analysis and Artificial Intelligence (AI).

Since its inception, Datalytyx has been supporting modern data projects by providing a managed data platform for analytics and machine learning, using best-in-class data tools. The company integrates client environments with platforms from its partners – Talend and Snowflake, creating a single integrated platform for Data and AI. Through its best and brightest talent (including engineers, scientists, and analysts) and data expertise, Datalytyx, has been driving digital transformation for its clients.

“Every enterprise needs the ability to turn raw data into actionable information at scale, the recent worldwide crisis has only accelerated this need. Data and analytics combined with artificial intelligence, will continue to play a dominant role to predict, prepare and respond to changing needs of the business,” said Nitin Rakesh, CEO and Executive Director, Mphasis. “Together with Datalytyx and its highly skilled data professionals, we believe Mphasis is distinctively positioned to further fuel our worldwide clients’ transformational projects. This acquisition will not only strengthen our next-gen data strategy but will also be a significant milestone in our journey to build capabilities relevant to the digital priorities of our clients.”

“We are delighted to be a part of the Mphasis family and firmly believe that the collective vision and capabilities will lay a strong foundation for the future. Our combined expertise will be central to Mphasis’ next-gen data strategy and will further drive our clients’ digital transformation in Global markets,” said John Webb, Co-Founder, Datalytyx.

“Datalytyx played a critical role when Snowflake opened up Europe in February 2017 and they have continued to invest and support us during this hyper-growth period. From day one, Datalytyx has supported us in data modernisation projects, providing a managed data platform for analytics and machine learning, creating a single integrated platform for Data and AI. We are excited to see the acquisition of Datalytyx, by Mphasis as strategic in becoming a global leader in this space. The foundations have been firmly laid, which give us all a platform for scale and immense opportunity,” said Tim Alexander, Director of Alliances EMEA, Snowflake.

“Since working with the Datalytyx team, the company has been supporting modern data projects with Talend at the forefront providing a managed data platform for analytics and machine learning, using best-in-class data tools creating a single integrated platform for Data and AI. Datalytyx has been instrumental in aligning with Talend’s customers, sales teams, and technology partners to provide modern data stacks to tackle the problems that companies face with a modern approach to advanced analytics. We applaud Mphasis’ acquisition of Datalytyx as a great move to enhancing them both with capability and capacity to become a global leader in this space,” said Rolf Heimes, Global Head of Business Development, Talend.

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Acquisition

PAS Global to be Acquired by Hexagon AB

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Combined Company Creates a Powerhouse for Managing the Industrial Lifecycle

HOUSTON, Nov. 4, 2020 — PAS Global, LLC (PAS), the OT Integrity company, today announced it has agreed to be acquired by Hexagon AB (Hexagon), a global leader in sensor, software, and autonomous solutions.

With the combination of PAS and Hexagon, customers will benefit from a comprehensive software portfolio to manage the industrial lifecycle from plant design and maintenance, to real-time situation awareness in the control room, cybersecurity risk management, and industrial digital transformation. PAS also complements and significantly extends Hexagon’s global customer footprint in the process industries.

“Since 1993, PAS has delivered solutions that help industrial organizations improve process safety and profitability,” said PAS Founder and CEO Eddie Habibi. “As cyber risk in the industrial sector has grown, we have remained true to our mission by expanding our capabilities to further protect operational technology (OT) and have been recognized as a leading cyber asset management company. Now, PAS and Hexagon together will be a powerhouse solution provider for managing the entire industrial lifecycle.”

“Hexagon is committed to a mission of empowering the autonomous future by putting data to work to boost efficiency, productivity, and quality across industrial, manufacturing, infrastructure, safety, and mobility applications,” said Hexagon PPM President Mattias Stenberg. “The strategic acquisition of PAS will expand our owner operator market presence and broaden our capabilities by extending Hexagon solutions to operational risk management and operational technology cybersecurity.”

“We have long admired Hexagon’s technology portfolio and team,” Habibi added. “There is strong technology and cultural fit across our two organizations, and we are excited to join forces with Hexagon to deliver more value to customers and empower the autonomous future.”

The acquisition represents a new cybersecurity-focused business segment within Hexagon’s PPM division, which will also provide opportunities with other Hexagon divisions. The process safety solutions brought to Hexagon from PAS will be integrated into the PPM owner operator line of business.

Completion of the transaction (closing) is subject to standard regulatory approvals.

Stifel Global Technology Group acted as exclusive financial advisor and Vinson & Elkins LLP provided legal representation to PAS Global in connection with this transaction.

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Acquisition

Hillebrand Acquires Braid

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Hillebrand Acquires Braid

With this acquisition, Hillebrand aims to strengthen its position as a leading global logistics service provider not only for alcoholic beverages but also for other non-hazardous bulk liquids commodities.

Hillebrand, a world leading forwarding, transport and logistics provider to the alcoholic beverage industry and products that require special care, officially announces its acquisition of Braid, a key player in bulk liquids logistics.  Through this acquisition, Hillebrand strengthens its expertise in handling non-hazardous liquids in bulk, such as wine, olive oil, non-hazardous chemicals, juices and edible oils, which adds to its long-established experience in full service logistics services of cased goods.

“Braid offers an exciting opportunity for Hillebrand to strengthen its network of services, products, skills, knowledge and teams,” explains Cees van Gent, CEO and Chairman of the Executive Board of Hillebrand. “With its global reach, wide range of customized logistics solutions in bulk liquids transportation, as well as its manufacturing and technology know-how, the acquisition of Braid supports Hillebrand’s strategy to not only lead the market in logistics services for alcoholic beverages but also for non-hazardous bulk liquids.”

Braid is recognized as a diversified group offering innovative bulk liquids logistics services worldwide, which will not only complement Hillebrand’s array of bulk liquids solutions, but also expand its manufacturing capabilities, with two more facilities located in the United Kingdom and China.  The combination of Hillebrand’s bulk liquids services and Braid will create a world leading end-to-end service provider for bulk liquids and one of the largest food-grade ISO tank operators globally.

Allan Leddra, CEO of Braid, comments “Hillebrand’s acquisition of Braid provides a major growth opportunity for both businesses. The two companies will achieve more as a unit, increasing value for customers, given both companies’ high reputation for providing a leading customer experience in bulk liquids logistics.”  Allan Leddra and his management team will join Hillebrand to drive a successful integration and continue to grow the consolidated bulk liquids business of Braid and Hillebrand.  “We also share the same values and culture, so we are confident that our employees will smoothly integrate in the new organization and will find new growing opportunities within Hillebrand.”

Both Hillebrand and Braid share their commitment for a safe and sustainable transportation of goods, with high investments in R&D to create innovative and environmentally friendly solutions for their customers.  The shared knowledge and expertise in non-hazardous commodities, the aim to provide an end-to-end service to even more customers, in addition to a wider product offering, are part of the benefits of bringing the two companies under one corporation.

Despite the current global Covid-19 situation, Hillebrand’s and Braid’s service and financial performance have remained very resilient. Hillebrand continues to pursue its business plan objectives of growing both organically and through acquisitions, to expand customer service and tailor-made solutions worldwide.  “This marks a further step in our journey to make Hillebrand an even more robust, bigger and better company than it is today, through our buy and build strategy,” details van Gent. This acquisition represents the third one in the past year, after 3W-Logistik (Germany) and Royal Logistics (USA), and is expected to result in greater efficiencies and significantly increase Hillebrand’s product offering.

Hillebrand’s bulk liquids services and Braid will, for the time being, continue to run their operations separately. However, bringing both businesses together will gradually unfold within the next 12 months.  “It goes without saying that our customers will continue to receive the same high quality service, which they have come to expect,” concludes van Gent.

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