Senzing × Placekey
Senzing, a real-time entity resolution company, acquired Placekey, the open standard for identifying physical locations. [20, 21] The stated goal is to advance data interoperability and make location data more valuable and easier to connect. [20] Senzing has committed to keeping the Placekey standard free, open, and universally accessible while investing in its future development. [21]
The asset
Senzing acquired the Placekey service and technology, a free, universal standard identifier for physical places data designed to simplify matching and analysis of location information. [20, 21]
The record
- Seller status
- Going concern
- Sector
- geospatial data standard
- Modalities
- structured_data, api
- Jurisdiction
- US
- Personal data
- Placekey is a system for identifying physical locations and does not inherently contain personally identifiable information.
What it means if you hold data
This deal shows the strategic value of owning and supporting foundational open data standards. By acquiring a universal place identifier, a commercial entity resolution provider can embed its technology more deeply into the data ecosystem and promote frictionless data integration for its customers. [21]