{"id":12534,"date":"2024-03-28T21:54:23","date_gmt":"2024-03-28T21:54:23","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/03\/28\/latentview-analytics-to-acquire-70-of-decision-point-for-39-million\/"},"modified":"2024-03-28T21:54:23","modified_gmt":"2024-03-28T21:54:23","slug":"latentview-analytics-to-acquire-70-of-decision-point-for-39-million","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/03\/28\/latentview-analytics-to-acquire-70-of-decision-point-for-39-million\/","title":{"rendered":"LatentView Analytics to acquire 70% of Decision Point for $39 million"},"content":{"rendered":"
\"LatentView<\/div>


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Digital analytics consulting and solutions firm LatentView Analytics<\/a> on Thursday said it will acquire 70% of Decision Point<\/a>\u2019s outstanding equity capital for $39.1 million. It added that the remaining 30% equity is to be acquired over the next two years with a pay-out based on agreed valuation principles.<\/p>\n

The Chennai-based firm provides business transformation consulting<\/a> and works with companies to develop and implement flexible and agile analytics roadmaps. It said the acquisition of Decision Point will bolster its existing expertise in data engineering, data science, and data visualisation, as well as consulting and advisory services for analytics and GenAI readiness<\/a>.<\/p>\n

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\u201cDecision Point\u2019s strength in Revenue Growth Management solutions that help companies achieve sustainable and profitable growth with data, was the primary factor in this acquisition,\u201d said Rajan Sethuraman, CEO, LatentView Analytics said in a statement. \u201cAdditionally, this deal will bring over 300 highly skilled employees into LatentView\u2019s CPG practice and help us expand into the Latin America market.\u201d<\/p>\n

Established in 2012, Decision Point is an AI-led Business Transformation and Revenue Growth Management (RGM) solutions provider with over 300 employees worldwide. The company claimed it has over a decade of experience developing AI-powered solutions, including Beagle GPT, a conversational GenAI app for Microsoft Teams used by Fortune 500 Consumer Packaged Goods (CPG) customers to drive data analytics usage within their firms.<\/p>\n

\u201cWith the acquisition of Decision Point, we are honoring our commitment of staying focused on our core verticals,” Rajan Venkatesan, CFO, LatentView Analytics said. “This acquisition will be fully funded from our existing cash reserves. We expect the transaction to be EBIDTA accretive, driving enduring and strategic benefits for our clients.\u201d<\/p>\n

LatentView added that it will make investments to accelerate the expansion of Decision Point solutions in the focus markets of North America and Europe. <\/p>\n

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\u201cDecision Point will continue to be led by the existing management team and will be supported by LatentView\u2019s strong GTM presence in North America and Europe,” Ravi Shankar, Founder & CEO, Decision Point. “We see great opportunities for cross-pollination and synergies across the organisations.”<\/div>\n

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Digital analytics consulting and solutions firm LatentView Analytics on Thursday said it will acquire 70% of Decision Point\u2019s outstanding equity capital for $39.1 million. It added that the remaining 30% equity is to be acquired over the next two years with a pay-out based on agreed valuation principles. The Chennai-based firm provides business transformation consulting […]<\/p>\n","protected":false},"author":2,"featured_media":12535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/88591548.cms","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[9398,17934,17931,2684,17930,17932,17933,17929,17928,2458,6778],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/12534"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=12534"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/12534\/revisions"}],"predecessor-version":[{"id":12536,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/12534\/revisions\/12536"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/12535"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=12534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=12534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=12534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}