Alteryx, a leading data analytics cloud platform provider, has agreed to be acquired by two private equity firms for $4.4 billion. The acquisition deal will pay Alteryx stockholders $48.25 per share in cash, a 59 percent premium to the company’s “unaffected closing stock price” on Sept. 5 prior to media reports of a possible sale. The Alteryx Analytics Cloud Platform is the company’s flagship product, combining data preparation, integration, analytics and machine learning functionality. The acquisition is expected to close during the first half of 2024.
