Semantix, Inc. completed the acquisition of Elemeno AI from Lucas Bonatto Miguel.
February 20, 2023
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Semantix, Inc. (NasdaqGM:STIX) entered into an agreement to acquire Elemeno AI from Lucas Bonatto Miguel on January 4, 2023. The transaction will be structured as a merger of a Semantix subsidiary with Elemeno, with the surviving company becoming a subsidiary of Semantix. The completion of this transaction is subject to the satisfaction of certain conditions precedent. Semantix and Elemeno will each maintain their business in the ordinary course in an independent manner until the closing date of the transaction.
Semantix, Inc. (NasdaqGM:STIX) completed the acquisition of Elemeno AI from Lucas Bonatto Miguel on February 21, 2023.
Semantix Inc, formerly Alpha Capital Holdco Co is a Brazil-based company. It is a developer of a data-centric platform that accelerates digital transformation and enhances business performance through seamless, low-code and low-touch data analytics solutions. The Companyâs data software is designed to allow customers to access data from any source and develop appropriate analytics to meet their industry and business needs. The Companyâs internally developed, frictionless, end-to-end Software as a Service (SaaS) data platform Semantix Data Platform (SDP) guides customers through their entire data lifecycles, from capturing data, to structuring that data in the form of a data lake, then providing easy access to such data for exploration and interaction and, finally, creating reports, dashboards and algorithms fueled by the data to enhance business performance.