Microsoft acquires process mining scale-up Minit
Microsoft says the acquisition will 'further empower' them to help customers digitally transform
Microsoft has struck a deal to acquire process mining technology company Minit.
The tech giant confirmed the acquisition in a statement, saying it will "further empower Microsoft to help our customers digitally transform and drive operational excellence".
Microsoft claims that Minit helps businesses gain insights into how processes run, uncover root causes of operational challenges and help mitigate undesired process outcomes.
Founded in 2017, the tech scale-up has offices in Amsterdam, London, Bratislava and New York.
Justin Graham, Microsoft's general manager of process insights, said: "This acquisition will further empower Microsoft to help our customers digitally transform and drive operational excellence by creating a complete picture of their business processes, enabling every process to be easily and automatically analysed and improved.
"Customers will be able to better understand their process data, uncover what operations look like in reality and drive process standardization and improvement across the entire organization to ensure compliance at every step."
James Dening, CEO of Minit, added: "We are looking forward to what it means to become part of an industry leader like Microsoft and what that brings us - how we can use that scale and excellence to continue to deliver great solutions to our customers.
"I want to reassure everyone that the level of our support and engagement with our customers stays the same as it has always been."
Details of the deal have not yet been disclosed.