Founded in 2014 and headquartered in Ghent, Belgium, Waylay has developed an AI-driven hyperautomation software platform that enables workflow-based automation, system integration, and orchestration across a wide range of connected assets, enterprise applications, and cloud services. Among its capabilities are data analytics and orchestration scenarios that operate with unprecedented speed, significantly cutting the cost of integration and product deployment.
With the acquisition of Waylay, Vertiv, a global leader in digital infrastructure solutions, will strengthen its ability to help its customers around the world to increase uptime, optimize energy usage, and enhance operational intelligence across their critical digital infrastructure.
“With the addition of Waylay’s technology and software-focused team, Vertiv will accelerate its vision of intelligent infrastructure — data-driven, proactive, and optimized for the world’s most demanding environments,” said Vertiv’s CEO, Giordano Albertazzi. “We are excited about the operational efficiencies and the resilience that Vertiv’s further augmented predictive capabilities can provide for our customers.”
Leonard Donnelly, CEO of Waylay, commented, “On behalf of the Waylay team we are delighted to now be at one with Vertiv. Our mission is now to deliver the exemplar standard in Generative AI Software Automation solutions for our customers – a domain where we will set the bar high together. Our work is groundbreaking and the scale of the opportunity to deploy is what we are really looking forward to now.”
Vivek Subramanyam, Founder and CEO of TH Global Capital, said, “We are thrilled to announce this transaction in the Benelux region – our 6th transaction in Belgium and 15th deal in AI, Analytics & Automation. The transaction showcases TH’s strong capabilities and vertical expertise in the technology and Generative AI software landscape. Waylay is a fantastic business, and we wish the team every success in its next phase of growth in partnership with Vertiv.”
Jennifer Lin, Executive Director at TH Global Capital, said, “We are delighted to have advised Waylay on this transaction. It has been fantastic working with Leonard, Veselin, and the seasoned executive team, and we are excited about their future collaboration with Vertiv. Waylay is a true leader in GenAI-powered automation software, designed specifically for the industry and positioning its customers at the forefront of digital transformation. We are thrilled to have facilitated this successful strategic partnership with Vertiv.