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Saturday, November 2, 2024

Fox Rothschild Represents Operational AI Company Verta in Acquisition by Cloudera

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Law Firm | Unplash by Tingey Injury Law Firm

Fox Rothschild Corporate attorneys Nevena Simidjiyska and Kristen Kelbon represented Verta, an industry-leading operational AI company, in its sale to Cloudera, a global provider of data lakehouse solutions for large enterprises.

The acquisition of the Verta Operational AI Platform expands Cloudera’s capacity to bring trusted, hybrid AI to its global customer base.

“Good data breeds good models, which is why Verta’s and Cloudera’s technologies are a perfect match,” said Verta’s Founder and CEO Dr. Manasi Vartak in an announcement. “In lockstep with the Cloudera team, we can and will unlock the promise of organization-wide AI and enrich every user’s journey from data to insights to action.”

Original source can be found here.

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