The Relx-backed big data analyser is reportedly lining up a confidential IPO filing in the coming weeks having previously raised $1.9bn in equity funding.
US-based data mining service Palantir intends to confidentially file for an initial public offering in the next few weeks that would enable analytics and information provider Relx to exit, Reuters has reported.
The company is yet to hire investment banks or to decide conclusively whether it will float in a traditional IPO or opt for direct listing, but could go public as soon as September this year, according to people familiar with the matter.
Palantir has built technology that can…
