The robotic process automation (RPA) market has been red hot over the last year, and today one of the market’s pioneers, Blue Prism, was sold to Vista Equity Partners for £1.095 billion ($1.5 billion USD), according to an official filing in Great Britain this morning. While we have seen a lot of RPA startups being acquired by larger vendors over the last year, this is the first deal involving one of the top three vendors in the space.
It’s a complex deal in which Vista set up an entity called Bali Bidco Limited — which, according to the filing, is indirectly …
