The UK-based software multinational, Blue Prism, is acquiring Thoughtonomy to extend its intelligent automation capabilities in the cloud. This acquisition is expected to close by the end of July.
Blue Prism is widely known for its leadership in the market in delivering intelligent automation capabilities from the cloud. "The acquisition of Thoughtonomy will support a broader strategy to strengthen our portfolio with cloud offerings that deliver value and enhance customer experience,” says Alastair Bathgate, Co-founder and CEO, Blue Prism. “Thoughtonomy brings valuable knowledge and experience in the development and implementation of cloud-based intelligent digital workers, with a successful track record delivering its solutions to mid-tier enterprises in a number of industry verticals complementary to the areas of the market Blue Prism has served.”
The acquisition will be more of an extension of the two companies’ long-standing partnership which started in 2013. Combining the capabilities of these two companies’ will give the enterprises greater flexibility for their automation projects. Moreover, the enterprises will be able to choose between SaaS or dedicated infrastructure too.
Blue Prism on its press release has said that Thoughtonomy has delivered “year on year growth of more than 250 percent over the past three years” and the company has customers across four continents. Thoughtonomy was also recognized in the Sunday Times Tech Track 100 and Deloitte 2018 UK Technology Fast 50.