Similarweb Snaps 42matters, Bolstering Position In App Intelligence, Financial Terms Undisclosed
Portfolio Pulse from Benzinga Newsdesk
Similarweb Ltd. (NYSE:SMWB) has acquired 42matters, a Zurich-based app intelligence provider. This acquisition will enhance Similarweb's app intelligence solutions, providing better insights for app owners. The financial terms were not disclosed.
July 01, 2024 | 11:17 am
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Similarweb Ltd. has acquired 42matters to enhance its app intelligence solutions. This acquisition is expected to significantly improve Similarweb's data capabilities in the app analytics market.
The acquisition of 42matters will expand Similarweb's app intelligence capabilities, providing better insights for app owners. This strategic move is likely to strengthen Similarweb's position in the growing app analytics market, potentially driving its stock price up in the short term.
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