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Smarsh to Acquire Artificial Intelligence Company Digital Reasoning – Barron’s

Fintech company Smarsh said Tuesday that it’s acquiring Digital Reasoning, which uses artificial intelligence and machine learning to sift through vast quantities of data. Portland, Ore.-based Smarsh, which is owned by private-equity shop K-1 Investment Management, did not disclose financial details of the transaction, which it expects to close within the next 60 days. Think…