AlphaSense to Join Forces with Tegus; Increases Latest Valuation to $4B
Summary
The $930m acquisition will provide customers with a comprehensive combined public and private content offering, further cementing AlphaSenses leadership in market intelligenceNEW YORK, June 11, 2024 /PRNewswire/ -- , the leading market intelligence and search platform, today announced an agreement to acquire , a leading provider of expert research, unique private company content, and financial data and workflow tools. "I am thrilled to join forces with the Tegus team as a significant leap forward in furthering our mission, adding top-quality content on public and private companies, and enhancing our ability to deliver even more comprehensive insights to our customers around the world. "Today, Tegus has an extensive and fast-growing library of high-quality expert research, which includes coverage of 35,000+ public and private companies across TMT, consumer goods, energy and life sciences sectors. "For over a decade, AlphaSense has been transforming the research process with the latest innovations in AI technology, while also building its vast collection of top-tier, trustworthy business content. Tegus proprietary content set now includes more than 100,000 expert call transcripts, financial coverage of more than 4,000 public companies and industry comps and analysis on more than 50 sectors.