S&P Global Acquires Kensho for $550,000,000

Company Information

Company
Kensho

Website

http://www.kensho.com

Location
17 Dunster St. Cambridge, MA 02138

Description
Kensho combines natural language search queries, graphical user interfaces, and secure cloud computing to create a new class of analytics tools for investment professionals.

Transaction Details

  • Date – 3/6/2018
  • Transaction Type – M&A
  • Transaction Amount – $550,000,000
  • Transaction Round
  • M&A Terms – The acquisition of Kensho will strengthen S&P Global’s emerging technology capabilities, enhance its ability to deliver essential, actionable insights that will transform the user experience for its clients, and accelerate efforts to improve efficiency and effectiveness of its core internal operations. S&P Global will acquire Kensho for approximately $550m, net of cash acquired, for a mix of cash and stock.