U.S. robotic process automation (RPA) software company Blue Prism is acquiring London-based Thoughtonomy, an intelligent automation platform company.

The 80 million pounds ($102 million) cash transaction also includes a deferred sum of $57 million to be paid on the second anniversary of the acquisition.

The move, which will enable Blue Prism to supply its RPA platform to mid-tier companies, is expected to close before the end of July 2019, subject to the satisfaction of certain conditions.

Additionally, Blue Prism booked $53 million in revenue for the six months ended April 30, 2019, whereas Thoughtonomy generated revenue of $12.5 million for the 12 months ended April 30, 2019.