Exclusive: Business software company Alteryx explores sale -sources ...Middle East

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Sept 6 (Reuters) – Alteryx Inc (AYX.N), a data analytics software company with a market value of $2.2 billion, has been working with an investment bank to explore a potential sale after attracting takeover interest, according to people familiar with the matter. Fierce competition from big rivals such as Microsoft Corp (MSFT.O) and Oracle Corp (ORCL.N), as well as setbacks in winning new business, have suppressed Alteryx’s valuation and made it an acquisition target. Its shares had lost almost half their value in the last 12 months prior to news of its exploring a sale. The Irvine, California-based company is being advised by investment bank Qatalyst Partners on its discussions with potenti

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