Tyler Technologies Acquires ARInspect, A Leading Provider Of Artificial Intelligence Powered Machine Learning Solutions For Public Sector Field Operations; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Tyler Technologies, Inc. (NYSE:TYL) has acquired ARInspect, a provider of AI-powered machine learning solutions for public sector field operations. The acquisition will extend Tyler's Application Platform with intelligent edge technology. Tyler plans to leverage ARInspect's technology across its state and federal verticals, focusing on regulated entities. The ARInspect team will join Tyler's Platform Solutions Division.
October 31, 2023 | 2:42 pm
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Tyler Technologies' acquisition of ARInspect could enhance its product portfolio and potentially increase its market share in the public sector field operations.
The acquisition of ARInspect, a leading provider of AI-powered machine learning solutions, could significantly enhance Tyler Technologies' product portfolio. This could potentially lead to an increase in its market share in the public sector field operations, which could positively impact its stock price in the short term.
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