Is its category moving in its favor or against it?
Augury acquired Alluvium, with the transaction announced and closed on 2019-01-31.
The acquisition ended Alluvium as an independent company. Its products and team were absorbed into Augury as the old site was retired.
2Memo
What is the investment case, and what must be true for it to hold?
Alluvium maintained its headquarters at 110 Fifth Avenue in New York, New York, United States. The office served as the company base while it developed its industrial data products.
The New York location placed the company within the city technology and data community. It remained the listed company address through the period when the business was acquired.
3Product Overview
What does the product do for its buyer, and how is it delivered?
Alluvium built a platform that applied machine learning to industrial machine data. The product was intended to give operators insight into the performance of their equipment and processes.
By combining sensor and operational data with machine learning models, the platform surfaced patterns that helped industrial teams monitor and improve how their assets ran.
