Friday, October 22, 2021

Alteryx Acquires Lore IO

Irvine-based Alteryx, which develops analytics software, said this morning that it has acquired Lore IO, a developer of a no-code, artificial intelligence-enabled data modeling software. Financial details of the acquisition were not announced. Alteryx said that Lore IO was founded by veterans of Walmart Labs. Alteryx said the acquisition will help it add a team with skills for cloud-native analytic compute optimization and in-database processing.