Big news on the big data front as STATS announced that it had acquired Bloomberg Sports and its system of data analysis, predictive modeling and integrated data systems. The deal positions STATS as a sports analytics giant, offering a complete suite of sports data products and services to multi-media, team, league, gaming and technology customers. Bloomberg Sports President Bill Squadron will remain with the company and report to STATS CEO Gary Walrath.
“On behalf of everyone here, I would like to welcome the team at Bloomberg Sports to the STATS family,” said Walrath. “Our mission is to revolutionize the way sports are viewed, understood, played, and enjoyed. The addition of BSports’ very talented team and compelling portfolio of products significantly bolsters our global strategy.”
The transaction is STATS’ first since becoming a flagship member of Vista Equity Partners’ portfolio of companies in June.