Knoema acquires Adaptive Management
Knoema, the provider of an end-to-end data and knowledge management platform, is acquiring Adaptive Management, an alternative data aggregator and solutions provider.
“We’re extremely proud of the company we’ve built at Adaptive, and are excited to be joining Knoema, a firm dedicated to helping its clients understand and work with complex and powerful data,” said Brad Schneider, Adaptive Management founder and CEO. “Adaptive’s vision for making alternative data more accessible to all types of businesses is being carried on by Knoema, and we’re excited to see how the knowledge, tools, and technology we’ve developed will bring new value to Knoema’s clients.”
This acquisition will combine Knoema’s advanced knowledge management platform and global data repository with Adaptive’s catalog of thousands of alternative datasets to deliver a solution available for enabling technical and non-technical users to integrate, discover, and use their enterprise data assets.
DataFinder, Knoema’s most recent innovation for bringing data into analyst workflows, will amplify this acquisition by giving Knoema clients a fourth pillar of data resources—alternative data—alongside their existing proprietary, subscription, and global data assets supported by Knoema.
Alternative data providers will now benefit from Knoema’s ability to help them monetize their data by making their datasets discoverable by hundreds of thousands of individuals on Knoema’s Public Platform.
Knoema can also provide these vendors with tools for handling the heavy lifting inherent to data, including data management and entitlements, integrating the data into user workflows, and building user interfaces and APIs for delivery.
Founded in 2014, Knoema has established itself as a technology pioneer and thought leader by providing mission-critical data and knowledge management solutions to Fortune 500 companies and governments worldwide.
For the acquisition Covington & Burling, LLP provided counsel to Knoema and Gunderson Dettmer provided counsel to Adaptive Management.
For more information about this news, visit https://knoema.com/.