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Alteryx and Databricks Fast-Track AI for Enterprises with Deepened Integration

Retrieved on:

Wednesday, February 14, 2024

Cloud, SQL, AI, Azure, MIT, Product management, CDO, Databricks, Organization, AYX, Environment, AWS, Partnership, Asset management

IRVINE, Calif., Feb. 14, 2024 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), a leader in AI for enterprise analytics, today announced its expanded partnership and product integrations with the Databricks Data Intelligence Platform. These new capabilities provide a faster path to AI-driven insights, enabling business users to get to their first analytics use case in just a few clicks – saving implementation time while leveraging a governed, visible process.

Key Points:

Alteryx joins Partner Connect and expands cloud capabilities with Databricks, allowing business users to simultaneously utilize the Alteryx interface with the Databricks platform for more intelligent insights
IRVINE, Calif., Feb. 14, 2024 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), a leader in AI for enterprise analytics, today announced its expanded partnership and product integrations with the Databricks Data Intelligence Platform.
With the expanded integration, Databricks customers can launch a free trial of the Alteryx Analytics Cloud from the Alteryx tile in the Databricks Partner Connect menu.
"Our vision for the Data Intelligence Platform is to democratize access to data and AI to everyone," said Ken Wong, senior director, Product Management at Databricks.
"Alteryx joining Databricks Partner Connect and expanding on our integration will make it easier than ever for business users to harness the power of our platform, without being dependent on scarce data specialists."

Cloudflare Appoints Mark Anderson as President of Revenue

Retrieved on:

Thursday, February 8, 2024

Data Management, Security, Technology, Software, Networks, Internet, Boroditsky, Growth, History, Organization, Marketing, F5, Inc., AYX, IPO, Management

Prior to his role at Alteryx, Anderson was instrumental in scaling Palo Alto Networks from pre-IPO to more than $2.5 billion in annualized revenue.

Key Points:

Prior to his role at Alteryx, Anderson was instrumental in scaling Palo Alto Networks from pre-IPO to more than $2.5 billion in annualized revenue.
The market is coming to Cloudflare, and the time is now," said Mark Anderson, President of Revenue at Cloudflare.
Anderson will be taking over from Marc Boroditsky, Cloudflare's former President of Revenue.
Our strong bookings performance in Q4 2023 is a testament to Marc's great work that Mark Anderson will build upon."

Alteryx Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on:

Tuesday, February 6, 2024

Nature, Institutional Investor, Security (finance), ARR, Table, GAAP, Legislation, Mergers and acquisitions, Exercise, Annual report, Investment, Insight Partners, Alteryx, Balance sheet, Acquisition, Health, Bank statement, AYX, Bank

IRVINE, Calif., Feb. 6, 2024 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), the Analytics Automation company, today announced financial results for its fourth quarter and full year ended December 31, 2023.

Key Points:

Revenue: Revenue for the fourth quarter of 2023 was $351 million, an increase of 17%, compared to revenue of $301 million in the fourth quarter of 2022.
Non-GAAP income from operations for the fourth quarter of 2023 was $154 million, compared to non-GAAP income from operations of $68 million for the fourth quarter of 2022.
Non-GAAP net income per diluted share for the fourth quarter of 2023 was based on 76.9 million non-GAAP weighted-average diluted shares outstanding, compared to 76.3 million non-GAAP weighted-average diluted shares outstanding for the fourth quarter of 2022.
Cash provided by operating activities for the fourth quarter of 2023 was $80 million, compared to cash provided by operating activities of $8 million for the fourth quarter of 2022.

Alteryx Appoints Kevin Rubin as Interim Chief Executive Officer

Retrieved on:

Friday, January 26, 2024

Cloud, Insight Partners, CFO, Insight, AI, Interim, COVID-19, AYX, Management

IRVINE, Calif., Jan. 26, 2024 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), the Analytics Cloud Platform company, today announced that its Board of Directors has appointed Kevin Rubin, the Company's Chief Financial Officer, to serve as Interim Chief Executive Officer.

Key Points:

IRVINE, Calif., Jan. 26, 2024 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), the Analytics Cloud Platform company, today announced that its Board of Directors has appointed Kevin Rubin, the Company's Chief Financial Officer, to serve as Interim Chief Executive Officer.
Rubin succeeds Mark Anderson, who has stepped down as CEO and from the Board of Directors to pursue other professional opportunities.
"I am pleased to serve as Interim CEO as we continue to build on our strong foundation and capitalize on the momentum in the business," said Rubin.
With the support of the Company's finance organization, Rubin will continue to serve as Chief Financial Officer while serving as Interim CEO.

STOCKHOLDER ALERT: The M&A Class Action Firm is Investigating the Merger – SUM, KRTX, DSKE, AYX

Retrieved on:

Tuesday, December 26, 2023

Insight Partners, Empire, Sale, AYX, Monteverde, KRTX, TFI International, Therapy, Daseke, Alteryx, SUM, Bristol Myers Squibb, Security (finance)

Under the terms of the agreement, Cementos will receive approximately $1.2 billion in cash and 54.7 million shares of SUM.

Key Points:

Under the terms of the agreement, Cementos will receive approximately $1.2 billion in cash and 54.7 million shares of SUM.
Cementos will own approximately 31% of the combined company on a fully diluted basis.
Alteryx, Inc. (NYSE: AYX ), relating to its proposed sale to Clearlake Capital Group, L.P. and Insight Partners.
Under the terms of the agreement, AYX shareholders are expected to receive $48.25 in cash per share they own.

ALTERYX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Alteryx, Inc. - AYX

Retrieved on:

Wednesday, December 27, 2023

Class Action Lawsuit, Professional Services, Legal, AYX, Insight Partners, KSF, Sale

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Alteryx, Inc. (NYSE: AYX) to Clearlake Capital Group, L.P. and Insight Partners.

Key Points:

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Alteryx, Inc. (NYSE: AYX) to Clearlake Capital Group, L.P. and Insight Partners.
Under the terms of the proposed transaction, shareholders of Alteryx will receive $48.25 in cash for each Class A or Class B share of Alteryx that they own.
KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

AYX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Alteryx, Inc. Is Fair to Shareholders

Retrieved on:

Monday, December 18, 2023

Legal, Professional Services, Sale, Fraud, NYSE, AYX, Insight Partners, Advertising, Insight, Alteryx

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Alteryx, Inc. (NYSE: AYX) to Clearlake Capital Group, L.P. and Insight Partners for $48.25 per share in cash for each share of Alteryx Class A or Class B common stock is fair to Alteryx shareholders.

Key Points:

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Alteryx, Inc. (NYSE: AYX) to Clearlake Capital Group, L.P. and Insight Partners for $48.25 per share in cash for each share of Alteryx Class A or Class B common stock is fair to Alteryx shareholders.
On behalf of Alteryx shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Alteryx Enters into Definitive Agreement to Be Acquired by Clearlake Capital Group and Insight Partners for $4.4 Billion

Retrieved on:

Monday, December 18, 2023

IRVINE, Calif., Dec. 18, 2023 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), the Analytics Cloud Platform company, today announced that it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with certain of its affiliates, "Clearlake") and Insight Partners ("Insight"), two global private equity firms, in a transaction valued at $4.4 billion, including debt. Upon completion of the transaction, Alteryx will become a privately held company.

Key Points:

Under the terms of the agreement, Alteryx stockholders will receive $48.25 per share in cash for each share of Alteryx Class A or Class B common stock that they own.
"We're pleased to announce our agreement with Clearlake and Insight.
We are excited to partner with Clearlake and Insight for the next stage of Alteryx's journey.
"Our agreement with Clearlake and Insight validates the strength of our business and the value of Alteryx's capabilities and innovation."

Alteryx Research Outlines the Challenges Facing the Enterprise of the Future

Retrieved on:

Tuesday, December 5, 2023

IRVINE, Calif., Dec. 5, 2023 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), the Analytics Cloud Platform company, released independent research titled Defining the Enterprise of the Future. Using data from 2,800 IT and business decision-makers globally, the study reveals the three-year roadmap for how enterprises will operate in an era of AI-delivered intelligence.

Key Points:

As businesses prepare to navigate future challenges, embracing the power of accessible AI technology (and regulations) will help enterprises reinfuse transformations that shape the future, take the lead, and never look back.
Results show that organizations have a strong appetite for policies and governance that regulate the use of responsible AI for this increasingly complex, data-driven future.
72% state that it is more important for their employees to be multi-skilled than specialized in a specific area.
Download the full Defining the Enterprise of the Future report and learn how Alteryx is adopting AI responsibly in this era of intelligence.

Alteryx Named to Institutional Investor's 2023-24 All-America Executive Team

Retrieved on:

Thursday, November 16, 2023

Cloud, Institutional Investor, NYSE, CFOS, AYX, Institution, CFO, Institutional Investor (magazine), Alteryx

IRVINE, Calif., Nov. 16, 2023 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), the Analytics Cloud Platform company, today announced members of its executive and investor relations leadership were named to Institutional Investor's 2023-24 All-America Executive Team. The Alteryx team ranked first place in all categories across the mid-cap software sector and achieved the 'Most Honored' company distinction. A well-established benchmark of excellence within the investor community over the past fifteen-plus years, the Institutional Investor rankings demonstrate how public companies are perceived by investment analysts and portfolio managers.

Key Points:

IRVINE, Calif., Nov. 16, 2023 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), the Analytics Cloud Platform company, today announced members of its executive and investor relations leadership were named to Institutional Investor's 2023-24 All-America Executive Team.
The Alteryx team ranked first place in all categories across the mid-cap software sector and achieved the 'Most Honored' company distinction.
Institutional Investor is a leading publication for institutional investors, including money managers and pension fund managers.
Each year, the publication releases its All-America Executive Team ranking, which reflects extensive polling of investment professionals to name the best CEOs, CFOs, and investor relations teams.