Newsletter

Tysons-based Appian acquires German tech company for $31M

Appian is headquartered at Valo Park in Tysons (via Valo Park)

A Tysons-headquartered software company has acquired German software business Lana Labs for approximately $31 million.

Appian, which provides a cloud computing platform for mobile apps, announced the acquisition last Thursday (Aug. 5). The company says in a quarterly report filed with the Securities and Exchange Commission that the transaction was completed on Aug. 4 and paid for with available cash.

Based in Berlin, Germany, Lana Labs has a machine learning algorithm to improve automation of business workflows. It’s known for its process mining, where problems can be detected in a data-driven approach.

The acquisition means Appian will be able to integrate that solution natively.

“There is a natural synergy between process mining, process modeling, and automation,” Appian CEO Matt Calkins said in a statement. “We believe that our acquisition of Lana Labs means that only Appian will be able to take customers from knowing to doing, in a unified suite.”

Calkins, who founded Appian in his basement over two decades ago, recently talked with the Fairfax County Economic Development Authority about the importance of growing and keeping tech businesses in the area, and he noted how founding members of his company have remained with it.

Appian specializes in low-code development, where businesses can even develop apps without writing code.

The company didn’t immediately respond to an inquiry seeking comment.

Lana Labs was founded in 2016 and employs around 30 people.

“Lana’s AI-supported analysis of complex business and production processes aligns with the focus Appian brings to simplifying organizations’ most important workflows,” Appian said in its news release about the acquisition.

Photo via Valo Park

Recent Stories

A&J Restaurant in Annandale (file photo) Seven restaurants in Fairfax County are part of this year’s Washingtonian’s 100 Very Best Restaurants list. The restaurants that earned a coveted spot include:…

The upcoming Wolf Trap season will include a tribute to Studio Ghibli fillms by the National Symphony Orchestra, led by composer Joe Hisaishi (photo by Dan Aulsebrook) A preview of…

Laura Schwartz is a licensed Realtor in VA, D.C. and MD with McEnearney Associates in Vienna. You can follow Laura on Instagram at @LauraSchwartzRealtor or her Facebook page. Laura can be reached at 703-283-6120 or [email protected] The…

A proposed redevelopment of the West Falls Church Metro station property (via Fairfax County) The nearly 24-acre, mixed-use development planned for the West Falls Church Metro station will come with…

Chris Green is one of the DMV’s finest fitness instructors. A Lululemon and South Block ambassador, he is a coach and mentor to so many. He embodies grace, positivity and motivation in ways that no one else can. If we could all learn a thing or two from him, the world would be a much better place. He does so much for others, and does so with a smile on his face 99% of the time.

He recently ruptured his Achilles and has an incredibly long and tough journey ahead. As if COVID hadn’t impacted fitness professionals enough, throw this in the mix and it’s a double, even triple whammy. CG is no longer able to work and do what he loves for the time being because of this and we’d love your support.

Read More

Submit your own Community Post here for just $99.

The Rhea Baker State Farm Agency is proud to support Shelter House in providing safe places to be during quarantine. Shelter House’s mission is to prevent and end homelessness and domestic violence. Right now they are providing over 200 hotel rooms to those in need in our community. In the past year, across all programs, Shelter House served nearly 500 households comprised of over 1,500 individuals, 60% of which were children.

Of the households that exited shelter, over 70% moved to permanent housing. The Baker Agency has served Vienna and Tysons residents and business owners since 2007 and proudly offers insurance solutions for you home, condo, auto insurance, life insurance and more. We offer complimentary reviews and coach teen drivers to safer, better drivers, and to help keep your auto insurance rates down! We are always happy to talk or text at 703-847-6880.

Submit your own Community Post here for just $99.

×

Subscribe to our mailing list