LuxSE acquires major stake in Luxembourg start-up Tetrao
Submitted
27/01/2021 - 9:40am
The Luxembourg Stock Exchange (LuxSE) has acquired a 22.8 per cent stake in the Luxembourg-based technology company Tetrao International.
Tetrao powers its technology with artificial intelligence to provide data services including document, websites and information handling. LuxSE is the first financial institution to invest in Tetrao, a move that reflects its decision to make data a core part of its growth strategy.
Using robotic cognitive automation, Tetrao’s technology simulates human behaviour to identify, read and understand complex information from websites and documents. Through its integrated solution, Tetrao enables companies to save time and costs currently spent on manual, error-prone and time-consuming processes.
<p><span>The Luxembourg Stock Exchange (LuxSE) today announced the acquisition of a 22.8% stake in the Luxembourg-based technology company Tetrao International. Tetrao powers its technology with artificial intelligence to provide data services including document, websites and information handling. LuxSE is the first financial institution to invest in Tetrao, a move that reflects its decision to make data a core part of its growth strategy.</span></p>