Deal combines Aylien’s advanced AI and Natural Language Processing (NLP) with Quantexa’s Decision Intelligence Platform to enhance clients’ ability to unify the world of structured and unstructured data to augment and automate decision making

The acquisition accelerates Quantexa’s growth opportunity in the $230 billion decision intelligence space and gives Quantexa entry into the $11 billion text analytics market

LONDON & DUBLIN, Ireland, Feb. 27, 2023 (GLOBE NEWSWIRE) — Quantexa, a leading global provider of decision intelligence (DI) solutions to the public and private sectors, today announced the acquisition of Aylien, a Dublin-based leader Company, known natural language processing (NLP) and advanced AI to enable its customers to collect, analyze and understand unstructured text data. **According to Gartner^®“End users report that unstructured data is growing in their organizations by more than 30% year over year.”

This combination marks Quantexa’s first acquisition since the company raised $153 million in its Series D funding from Warburg Pincus and a group of blue-chip investors in late 2021. This combination will propel the company into the $11 billion text analytics market. The move accelerates the next phase of Quantexa’s business growth strategy to add value to existing customers and create offerings for adjacent markets in the $230 billion decision intelligence space.

Founded in 2012, Aylien’s solutions include a news API for building intelligent applications with aggregated multilingual content from over 80,000 trusted sources across the web, traditional media and licensed news outlets. Aylien also provides an application for analysts to proactively identify, examine, and monitor news data to assess critical business risks and opportunities.

Aylien’s innovative offerings in market insights and risk management immediately expand the portfolio of solutions that Quantexa can offer across multiple industries. The joint offerings will enable customers to generate real-time and reliable actionable insights…