OC Business Journal

EMPLOYEES:

Data analytics firm pays to add, retain top talent amid $475M acquisition

Mark Anderson is putting his stamp on data analytics software firm Alteryx (NYSE: AYX), with the company’s largest acquisition to date, by a wide margin. See page 1 for more on the company’s $475M buy of cloud-focused “data wrangling” firm Trifacta.

The purchase comes a little more than a year after Anderson took over the CEO spot from co-founder Dean Stoecker, now the company’s executive chairman.

Might there be a flurry of dealmaking in the near future for some of OC’s other big tech companies? Two of the largest, Ingram Micro and CoreLogic, each announced CEO changes of their own last week.

Tech distribution giant Ingram, which generates nearly $50B in sales anually, last week disclosed longtime CEO Alain Monié had transitioned to the role of executive chairman. The new CEO is Paul Bay, who previously held the position of executive vice president and president, Global Technology Solutions.

The change comes about six months after LA’s Platinum Equity, led by billionaire Tom Gores, paid $7.2B to buy Ingram.

Real estate and mortgage data firm CoreLogic, meanwhile, last week announced that CEO Frank Martell was transitioning to the non-executive chairman role at the company. The company last year went private after completing a $6B sale to a pair of investment firms.

Pat Dodd, previously the Irvine-based company’s COO, was appointed to the position of interim president and CEO at CoreLogic.

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2022-01-17T08:00:00.0000000Z

2022-01-17T08:00:00.0000000Z

https://ocbusinessjournal.pressreader.com/article/281625308665871

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