Hines Associates (“Hines”) is delighted to announce that it advised Hivemind Technologies Limited (“Hivemind”) on the sale of its software platform to Two Sigma
Two Sigma acquired Hivemind’s software platform from Hivemind Technologies Limited, whose Shareholders include Winton Group Limited, Fidelity International Strategic Ventures, and Barclays Principal Investments.
Hivemind’s software platform combines automation and distributed human intelligence to distil semi and unstructured data sources into high-quality, machine-readable data sets. Hivemind’s software will be integrated into Two Sigma’s data engineering platform to enhance its data preparation, data workflow, and machine learning capabilities.
Dilipe Arul, Partner at Hines:
“Hines is delighted to have advised Hivemind on the sale of its software platform to Two Sigma, a highly prestigious data-driven organisation with strategic ambitions and a culture that resonates with the go-forward management team. We wish the management team and Two Sigma every success as they seek to enhance and broaden the scope of their data engineering capabilities.”
Dan Mitchell, Co-founder and former CEO of Hivemind:
“Many thanks to Hines who provided extremely valuable advice and were instrumental in bringing the deal to a successful conclusion.”