Unsilo was acquired by the Indian company Cactus Communication

Denmark M&A 28 January 2020
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Unsilo, an Aarhus, Denmark software developer for the publishing industry, announced that it entered into an agreement for being acquired by the India-based Cactus Communication.

The financial details of the deal were not disclosed.

Unsilo, founded in 2012 by Mads Rydahl and Thomas Laursen (CEO), develops AI tools and solutions for publishers. The company's products include Classify which helps publishers package and sell content in new ways, Recommend which supports the discovery of new and existing research, and Evaluate which helps scale up the capacity of the journal editorial office.

The company works with clients including BMJ, Wiley, Clarivate Analytics, and Taylor & Francis to develop solutions for the publishing ecosystem.

Unsilo was already backed by an Indian investor, as it secured $2.1M from Infosys in 2016. Other investors included Capnova and Scale Capital.