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Data Intelligence Firm Near in Talks With KludeIn SPAC

Photographer: Balint Porneczi/Bloomberg
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Near, a data intelligence platform, is in talks to go public through a merger with KludeIn I Acquisition Corp., a blank-check firm, according to people with knowledge of the matter. 

The companies are discussing a a transaction that could be announced in coming weeks, and that may give the combined entity an enterprise value of about $1 billion to $1.2 billion, one of the people said. As with all deals that aren’t finalized, it’s possible that terms change or that talks fall apart.