S&P Global is acquiring Boston based Kensho for $550m as it looks to utilize its data analytics and machine learning platform on its data sets for Wall Street. The acquisition price includes a mix of cash and stock.
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S&P Global snaps up Kensho for $550m as Wall Street
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“Combining our unique and industry-leading expertise in machine learning with S&P Global’s deep data sets, global-scale analytics platforms, essential benchmarks, illustrious reputation, and strong leadership team will allow Kensho to expand and innovate faster, further, and in new ways,” Nadler said in a prepared statement.
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