Spectral Acquires Monitr

Venture capital firm Spectral Capital Corporation has acquired majority control of Monitr, a semantic processing and data analytics platform for the financial services sector. Terms of the deal were not disclosed.

Monitr will integrate semantic processing, data analytics, real-time search and machine learning into one solution, and will be marketed to the financial industry next year.

Spectral CEO Jenifer Osterwalder (pictured) comments: 'We are very pleased to have Monitr as a part of the growing list of specialized technology companies under the Spectral flag. The diversity of knowledge and successful track record of the development team will bring this creative endeavor to life. We are looking forward to a long and successful relationship with Monitr.'

Web sites: www.spectralcapital.com and www.monitr.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.