KX, a leader in real-time, AI-driven analytics, is now majority-owned by TA Associates, which acquired FD Technologies, its parent company.
After six years under FD Technologies, KX returns to private ownership, a key milestone in its 30-year history. Backed by TA, KX aims to grow in industries needing real-time AI insights. Its platform processes large-scale time-series and sensor data in real-time, enabling automation, predictive modeling, and autonomous AI with accuracy and context.
This acquisition enables KX to operate more agilely, focus on long-term growth, and enhance innovation, supporting critical decisions, expanding AI capabilities, investing in infrastructure, and solving complex problems across various industries.
KEY QUOTES:
“Our customers require platforms that do more than store and query data—they need systems that fuel their AI initiatives, power automation, and unlock real-time value from complex environments. KX is uniquely positioned to serve this demand across the world’s most dynamic industries. With TA’s partnership, we have the freedom and focus to go further, faster—investing deeply in our products, our team, and the outcomes we deliver for customers. This is also a platform for expansion, and together with TA, we intend to build a market leader in every vertical we serve.”
Ashok Reddy, CEO of KX
“With the acquisition now complete, we’re thrilled to officially begin our partnership with KX. Having spent decades investing in and scaling enterprise software companies, we’ve seen how category-defining platforms can shape the future of technology. KX, trusted by some of the world’s most sophisticated organizations, stands out for its ability to process time-series and sensor data at speed and scale. As industries increasingly adopt AI-native, streaming-first architectures, we believe KX is well positioned to lead that evolution. We’re proud to partner with the entire KX team as they continue to advance the platform for the next generation of innovation.”
“With decades of experience investing in and scaling leading enterprise software companies, TA has developed a deep understanding of what it takes to build enduring platforms. That perspective gives us a strong appreciation for the unique position KX holds in today’s fast-moving, data and AI-driven environment. We believe the company is well positioned to meet the growing demand for real-time insights and help global organizations operate at the speed of data. We’re excited to partner with Ashok and the KX team to accelerate their vision.”
Hythem El-Nazer, Co-Managing Partner of TA
“KX’s high performance data and analytics software supports fast-moving, data-intensive organizations and is foundational to the AI and analytics stacks of global enterprises. TA’s strategic and operational expertise will support our mission to accelerate product innovation and deepen our impact across high-growth, high-value verticals.”
Ashok Reddy, CEO of KX
