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SanDiego-based Fairway Technologies , a provider of consulting services in the IT area, said it has acquired Los Angeles-based IT Strategists , a provider of big data and data-driven IT consulting. Financial terms of the acquisition were not announced. READ MORE>>.
ServiceNow , the developer of information technology service management software which has major operatinos in SanDiego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. ServiceNow said it expects to complete the acquisition by the end of Q1. Financial details of the buy were not announced.
SanDiego-based Harvest.ai , a developer of software that uses machinelearning and artificialintelligence to prevent data loss from enterprises, has reportedly has been acquired by Amazon.com. The company was reportedly acquired for around $20M. Harvest.ai had raised only $2.3M
Two, SanDiego-based software development and integration companies-- Solekai Systems and Fairway Technologies --said this morning that they have merged into a new company. Financial details of the merger were not announced. According to both companies, they will continue to operate under their respective names. READ MORE>>.
SanDiego-based Seismic , which develops sales enablement and marketing software, has acquired Grapevien6 , a social and digital sales software developer. Financial terms of the acquisition were not announced.
SanDiego-based digital identity verification provider Mitek said on Monday that it has acquired ID R&D, a provider of artificialintelligence (AI)-based voice and face biometrics and liveness detection technology. According to Mitek, it will use the acquisition to help battle biometric identity fraud.
Los Angeles-based TutorMe , a provider of online tutoring services, has been acquired by SanDiego-based Zovio , the companies announced this morning. Financial terms of the acquisition were not announced. Zovio said the deal will expand the scope of the services it offers to higher education partners. READ MORE>>.
SanDiego-based life sciences equipment maker Illumina announced this morning that it has acquired Menlo Park-based GRAIL , a developer of cancer early detection technology. Illumina and GRAIL said the acquisition is split between $3.5 According to Illumina, it will acquire GRAIL for cash and stock worth $8 billion.
SanDiego-based digital marketing software provider Mapp announced this morning that it is acquiring German software developer Webtrekk , a developer of marketing analytics and customer intelligence software. Financial details of the acquisition were not announced. Webtreek is based in Berlin. Mapp's CEO is Steve Warren.
SanDiego-based Human Longevity , a provider of precision health analytics, said today that it has acquired DoctorsForMe , which matches patients to doctors using artificialintelligence and big data technology. Financial terms of the acquisition were not announced.
SanDiego-based Nervana Systems , a developer of artificialintelligence and "deep learning" technology, has been acquired by Intel , in a deal that is reportedly worth $350M. Nervana will continue to operate out of its headquarters in SanDiego. READ MORE>>.
ServiceNow , the developer of service management software which has major operations in SanDiego, has acquired Loom Systems , an Israeli company which develops artificialintelligence software used for IT operations management. Financial terms of the deal were not announced.
SanDiego-based Cubic Corporation said on Wednesday that it has acquired GRIDSMART Technologies , a developer of video tracking technology for the traffic management market. The deal was worth $87M in cash.
SanDiego-based Emotient , a developer of facial expression recognition software, has been acquired by Apple , Apple disclosed on Thursday. Financial terms of the acquisition were not disclosed. READ MORE>>.
On the day after Intel announced its acquisition of SanDiegomachinelearning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out.
It was an eventful year for the artificialintelligence industry. The sector saw more big venture capital deals and acquisitions , while researchers kept plugging away on technology advances. Meanwhile, A.I. developers continued to grapple with issues around transparency, trust, and ethics.
It was a year of big exits—both IPOs and acquisitions—for tech and life sciences companies. Artificialintelligence and cybersecurity remained front and center in tech, as new. 2018 was a year of ups and downs for the business and technology community. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
Not long after ViaSat (NASDAQ: VSAT ) acquired SanDiego-based LonoCloud in 2013 , former LonoCloud executives Tom Caldwell and Hossein Eslambolchi met for coffee at the Specialty’s Café and Bakery in University City. Webroot also plans to expand in SanDiego, and Caldwell said he plans to stay on.
Mythic , which last year unveiled its novel computer chip designed for artificialintelligence, announced today that it has raised $40 million in a Series B fundraising round led by the venture capital arm of Japanese telecom and tech giant SoftBank.
Watson Health is teaming up with 16 partners, which include imaging and diagnostics company Hologic; Sentara Healthcare; Sheridan Healthcare; UC SanDiego Health; University of Miami Health System; and Merge Healthcare, which was acquired by IBM last year and is now part of Watson Health.
But it turns out VCs weren’t the only driving force behind the change in fundraising prospects for the young companies now inventing chips suited for artificialintelligence tasks, and daring to compete with giant chipmakers such as Intel (NASDAQ: INTC ) and Nvidia (NASDAQ: NVDA ), says Silicon Valley Bank ’s Matt Trotter.
Software AG, a German software giant with 4,300 employees, has acquired SanDiego-based Zementis, a specialist in machinelearning and data science. Financial terms of the deal were not disclosed, according to a statement Friday, after the acquisition closed last week.
After raising $30 million, SanDiego-based Certona said it is moving to accelerate its product development, expand its sales and marketing team, and improve its client services as an e-commerce technology vendor. It also is a burgeoning sector. When you get all that data and analyze it, you get interesting insights,” Sheik said.
The name of the fund—which will back startups focused on cloud computing, machinelearning, and security, with an emphasis on technology that complements Microsoft’s own products and services—is Microsoft Ventures. And at the other end is where you’ll typically see our larger investments and acquisitions,” Kashyap writes.
Best Buy is paying $800 million in cash for GreatCall, a SanDiego-based healthtech company which private equity firm GTCR bought early last year. The company also sells gadgets, such as mobile devices with large screens and big buttons, wearables that can work with those devices, and emergency alert products.
billion acquisition offer. But like Dustin Hoffman in “The Graduate,” the big enterprise software company Workday lured Adaptive Insights away from the IPO altar with a more attractive deal—a $1.55 Pleasanton, CA-based Workday (NASDAQ: WDAY ) wanted to marry Adaptive’s financial decision-making applications with its own suite of.
The Chicago-based tech company, which has long sold narrow-band radios to law enforcement, has been building its arsenal of software and camera technologies through a series of acquisitions.
based Arm unveiled the IoT management hub in August, as it also announced its related acquisition of Mountain View, CA-based data management company Treasure Data. Cambridge, U.K.-based Read more » Reprints | Share:
Cloudera and Hortonworks, two large, publicly traded companies that compete to offer Web-based data storage and analytics, announced plans today to merge into a combined entity they value at $5.2
View the Slideshow Whether you think self-driving cars are the stuff of science fiction or a potentially paradigm-shifting new form of transportation, autonomous vehicles are coming—and the companies developing them are spending big money to make it happen.
It’s been a long time since tech’s biggest companies could be sorted into discrete buckets according to the products they pioneered—-Google, the search software giant; Apple, the computer and mobile device innovator; e-commerce leader Amazon; business software stalwart Microsoft; and social media engine Facebook.
With public interest in artificialintelligence technologies on the rise, five of the world’s largest corporations—vying against each other in so many spheres—are banding together to support research on the ethical and societal issues raised by machines with increasingly human-like capabilities.
Jeff Engel maps out New England’s cluster of cybersecurity companies—one of the region’s strengths (and a rich source of acquisition targets). San Antonio Entrepreneur Center Opens Using Dallas Nonprofit as Model. Austin’s Lucid Aims to Make ArtificialIntelligence More Human.
That Q4 2016 edition of a quarterly survey by University of San Francisco business professor Mark Cannice rated the overall confidence of the VCs at 3.81 on a scale of 5—-a number that remains almost unchanged in the latest survey taken in March and published Thursday.
Acquisition. The SanDiego-based company is one of 53 California companies ranked on the Fortune 500, 22 of which are SoCal companies. Arguably the greatest research and development nexus in the United States rests in the area spanning SanDiego to Los Angeles. Editor’s picks. Featured stories. Cloud storage.
Another week of White House chaos and American gun violence. Amid it all, we tried to parse what the Trump administration’s 2019 budget proposal meant for the biomedical and life-science worlds.
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