Acrolinx, a leading provider of AI software for enterprise content creation, announced the acquisition and equity growth funding by GENUI Partners. Former CEO of SAP SI, Bernd-Michael Rumpf, will also invest alongside GENUI. Acrolinx uses a unique linguistic engine to “read” content and provide guidance and analytics to make content more effective. The $60M transaction supports Acrolinx’s mission of continued global expansion and market leadership.
Seller Business Description:
Acrolinx operates an artificial intelligence platform for enterprise content creation. HQ: London, U.K. See Press Release.
Buyer Business Description:
GENUI Partners is a private equity and venture capital firm. HQ: Hamburg, Germany.