McLean-based Appian acquires Germany’s Lana Labs
Lana Labs is a process mining company
McLean-based cloud computing company Appian Corp. has acquired Germany’s Lana Labs, developer of the artificial intelligence-driven LANA process mining platform, the company announced on Aug. 5.
Financial terms of the deal were not disclosed.
With the addition of Lana’s native process mining capabilities, Appian will be able to expand its low-code automation suite, which allows nontechnical users to create websites with minimal coding. The LANA platform has a leading proprietary learning algorithm that automates analysis of complex business workflows, according to Appian’s news release.
“There is natural synergy between process mining, process modeling and automation,” Appian CEO Matt Calkins said in a statement. “We believe that our acquisition of Lana Labs means that only Appian will be able to take customers from knowing to doing, in a unified suite.”
Appian was founded in 1999 and employs approximately 1,200 people. It offers code digitization programs that allows companies to write their own software by “drawing” rather than writing code. Founded in 2016, Lana Labs is based in Berlin and has about 30 employees.