brave souls rewarded today, page-199

From AFR today 7/10/21. APX could be next.

Sydney-based start-up Hyper Anna has become the latest Aussie technology player to be bought by a large US firm, with $US4.89 billion-valued New York Stock Exchange company Alteryx swooping in for an acquisition.The start-up made waves early in its existence by signing on big name clients such as Westpac and IAG for its “virtual data scientist” product that works like Apple’s Siri or Microsoft’s Cortana virtual assistants, but across a company’s databases.It allows users to ask plain English questions about their business’ performance and grew to employ 29 people, who will all now move over to Alteryx.Natalie Nguyen and Sam Zheng founded Hyper Anna in 2015. Louise KennerleyHyper Anna’s co-founder and chief executive Natalie Nguyen said the deal came about after the two companies met through a mutual customer, which pointed out synergies between Hyper Anna’s product and Alteryx’s automated analytics software.“We saw how our customers were using Alteryx to prepare data and began talking with them a few months ago about a combined solution,” Ms Nguyen said.