AYX - Alteryx Acquires Feature Labs For Data Analysis Tech
Quick Take
Alteryx (AYX) announced it has acquired Feature Labs for an undisclosed amount.
Feature Labs operates provides automation feature engineering for machine learning [ML] and artificial intelligence [AI] applications.
AYX is adding functionalities to its system as clients and prospects want fewer vendors and more capabilities to enable more of their workforce to use data science tools for improved operational efficiencies.
Target Company
Boston, Massachusetts-based Feature Labs was launched in 2015 out of the Massachusetts Institute of Technology [MIT] to help data scientists and business analysts gain easier insight and understanding into