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Clearwater Analytics to Acquire Beacon and Blackstone's Bistro to Deliver Investment Intelligence Across Private Markets

1. Clearwater Analytics announces acquisition of Beacon to enhance investment technology. 2. This acquisition targets cross-asset class modeling, directly impacting market competitiveness.

M&A
-3.56%Current Return
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-0.69%S&P 500
$27.5403/12 06:34 AM EDTEvent Start
$26.5603/13 12:56 PM EDTLatest Updated
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FAQ

Why Bullish?

Acquisitions often signal growth potential and innovation, reflecting positively on stock performance.

How important is it?

The acquisition of Beacon enhances Clearwater's technology offerings, likely improving market position and investor sentiment.

Why Long Term?

Strategic acquisitions typically take time to integrate and yield benefits, affecting long-term growth.

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WILSHGSBLK
BOISE, Idaho & NEW YORK--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN) (“Clearwater”) today announced two strategic acquisitions, marking a major step toward transforming investment management technology. Clearwater has entered into a definitive agreement to acquire Beacon, a next-generation leader for cross-asset class modeling and risk analytics for derivatives, private credit and debt, structured products and other alternative assets. Integrated with Wilshire's equities and fixed income.

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