SmartSights, a provider of operational intelligence software, announced its acquisition of Sage Clarity, a company specializing in manufacturing activity data analytics. Both companies are supported by Capstreet, a Houston-based private equity firm. Founded in 2011, Sage Clarity offers real-time visibility and situational awareness tools to various manufacturing sectors. This acquisition will enhance SmartSights’ platform with additional data analytic solutions, bolstering their capability to provide integrated issue management and root cause analysis. Executives from both companies express optimism, highlighting the complementary nature of their products and the strategic alignment of their goals. The financial details of the transaction were not disclosed.
Software, Private Equity, Manufacturing Technology,United States
https://www.globenewswire.com/news-release/2024/09/16/2946502/0/en/Capstreet-backed-SmartSights-Acquires-Sage-Clarity.html