Fractal announced the acquisition of Neal Analytics for an undisclosed amount.
Neal Analytics strengthens Fractal’s AI engineering capabilities and cloud-first offerings on Microsoft’s multi cloud ecosystems. The company enables clients to scale AI and power decisions. It also strengthens Fractal’s presence in the Pacific Northwest, Canada, and India. Srikanth Velamakanni, Co-founder and Group Chief Executive, Fractal, said:
“We are excited about partnering with Dylan and his talented team at Neal Analytics. They have built a great client-centric, people-oriented culture, and have an impressive track record of solving and scaling AI engineering challenges, especially on the Microsoft platform, for marquee clients. This partnership will accelerate our ability to power data-driven decisions end-to-end for our Fortune® 500 sized clients.”
The Neal Analytics CEO Dylan Dias added that this is the successful culmination of a thorough, year-long process and their goals were to find the best long-term home for Neal’s 200+ employees, a platform to scale faster, and the ability to play a bigger role in this fast-accelerating space.