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InRule Technology Acquires simMachines To Enhance Its Decision Automation Capabilities

InRule Technology, Inc. a market-leading digital decisioning software platform, and portfolio company of OpenGate Capital, announced that it has acquired simMachines, a leader in explainable AI and ML technology. Financial terms of the transaction were not disclosed.

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Founded in 2013, with headquarters in Chicago, simMachines offers a comprehensive explainable AI/machine learning software platform that enables data scientists, marketers, analysts, and business leaders to gain efficiency, performance, and innovation while providing actionable insights delivered with transparency and trust behind every prediction.

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The add-on acquisition of simMachines brings an immediate expansion to InRule’s strategic and technology capabilities. Combined, the businesses will provide enterprises with human-driven and machine-driven AI within a single platform. InRule’s co-founder and CEO, Mr. Rik Chomko will lead the integration of simMachines, which will continue to operate under the same name.

“We are thrilled to augment our decision platform with simMachines’ technology to create the most comprehensive AI solution in the market, while advancing our mission of making automation accessible across the enterprise. Together, InRule and simMachines will provide extraordinary decision automation capabilities to data scientists, developers, and citizen developers alike, while delivering actionable insights that foster transparency and trust,” said Chomko.

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