Trendminer and shareholders in strategic sale to Software AG

Cresco acted as lead counsel to Trendminerand its shareholders in the preparation, negotiation and closing of the strategic acquisition of Trendminer by Software AG.

Software AG’s acquisition of TrendMiner is consolidating its leading position in the rapidly growing IoT market. TrendMiner employs advanced analytics methods such as diagnostic, visual and predictive analytics used in AI algorithms; the technology uses all available time-series IoT data and delivers findings in a user-friendly format.

More information on the transaction can be found here.