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Artemis Announces Acquisition Of Sightline Applications

Jul 06, 2023•over 2 years ago

Acquiring Company

Artemis

Acquired Company

SightLine

VancouverData And Analytics

Description

Artemis ("the Firm"), a Boston-based private equity firm focused exclusively on partnering with differentiated industrial tech companies, announced today the acquisition of SightLine Applications ("SightLine", or "the Company"), a leading developer of image processing electronics and software products that enable the success of Intelligence, Surveillance and Reconnaissance (ISR) and Counter-Unmanned Aerial Systems (C-UAS) missions across complex domains.

Company Information

Company

Artemis

Location

Vancouver, British Columbia, Canada

About

Artemis is a Vancouver-based company in Canada. Founded in 2022, the Artemis platform empowers data teams to deploy cutting-edge AI agents that automate data cleanup tasks using pre-built knowledge graphs on a user-friendly canvas. The Artemis platform enables data engineers to deliver insights and AI products faster in healthcare and B2B technology organizations. For more information, contact: hello@artemisdata.io or visit www.artemisdata.io.

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M&A Insights

Based on deal data
Integration timeline
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Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
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