On July 20, 2020, CryptoNumerics announced that it has been acquired by Snowflake. CryptoNumerics’ CN-Protect enables enterprises to create a privacy-protected dataset where privacy risk has been balanced with data quality using AI and differential privacy.
CryptoNumerics is a Toronto-based enterprise software firm focused on helping data driven organizations unlock the data they need to maximize business value and insights in a privacy protected manner.
Snowflake is a cloud-based data warehousing company specializing in combining the power of data warehousing, the flexibility of big data platforms and the elasticity of the cloud.
Osler, Hoskin & Harcourt LLP advised CryptoNumerics with a team consisting of Chad Bayne, Gary Marshall, Alana McElhinney, Sahil Chopra and Shalu Atwal (Emerging and High Growth Companies), Steven Dickie and Josh Fineblit (Employment and Labour).