25 Acquisitions of Companies in the Artificial Intelligence Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Artificial Intelligence industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 25 acquisitions that took place in the Artificial Intelligence industry.

CognitiveScale acquired by Tecnotree

Details about the transaction:

Acquisition amount:

$6,000,000

Announcement:

11 December 2022

Details about the company:

A business AI platform is called CognitiveScale.

Headquarter:

Austin, Texas, United States

Where to find them:

Industry:

Artificial Intelligence, Big Data, Health Insurance, Information Services, Information Technology, Machine Learning, SaaS, Software

Details about the buyer:

A telecoms business called Tecnotree Corporation creates and provides messaging and pricing solutions for carriers.

Headquarter:

Espoo, Southern Finland, Finland

Where to find them:

Evi acquired by Amazon

Details about the transaction:

Acquisition amount:

$26,000,000

Announcement:

17 April 2013

Details about the company:

Technology firm Evi specializes in software for knowledge bases and semantic search engines.

Headquarter:

Cambridge, Cambridgeshire, United Kingdom

Where to find them:

Industry:

Analytics, Artificial Intelligence, Information Technology, Internet of Things, Mobile, Search Engine, Software

Details about the buyer:

Amazon is an online store that caters to buyers, merchants, and content producers.

Headquarter:

Seattle, Washington, United States

Where to find them:

Findify (Acquired by Maropost) acquired by Maropost

Details about the transaction:

Acquisition amount:

$4,450,000

Announcement:

26 May 2022

Details about the company:

Findify is an intelligent on-site search tool that boosts sales for e-commerce retailers by utilizing machine learning and big data.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Industry:

Artificial Intelligence, Big Data, E-Commerce, Machine Learning, Search Engine

Details about the buyer:

Maropost offers on-demand platforms for infrastructure, e-commerce, and digital marketing.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

GeoPhy acquired by Walker & Dunlop

Details about the transaction:

Acquisition amount:

$85,000,000

Announcement:

7 February 2022

Details about the company:

In order to give the real estate sector an unbiased perspective of value, GeoPhy leverages data science.

Headquarter:

The Hague, Zuid-Holland, The Netherlands

Where to find them:

Industry:

Analytics, Artificial Intelligence, Big Data, Commercial Real Estate, Machine Learning, Real Estate

Details about the buyer:

Owners of multifamily and commercial buildings can turn to Walker & Dunlop for financing options as well as investment sales.

Headquarter:

Bethesda, Maryland, United States

Where to find them:

Helpshift acquired by Keywords Studios

Details about the transaction:

Acquisition amount:

$75,000,000

Announcement:

5 December 2022

Details about the company:

A conversational customer care platform called Helpshift uses messaging-based communication, AI, and bots.

Headquarter:

San Francisco, California, United States

Where to find them:

Industry:

Artificial Intelligence, CRM, Customer Service, Internet, Mobile, SaaS

Details about the buyer:

The video game industry receives technological support from Keywords Studios.

Headquarter:

Dublin, Dublin, Ireland

Where to find them:

Motion Metrics acquired by The Weir Group

Details about the transaction:

Acquisition amount:

$89,000,000

Announcement:

5 November 2021

Details about the company:

Artificial intelligence is used by Canadian mining technology business Motion Metrics to increase energy and safety in mines.

Headquarter:

Vancouver, British Columbia, Canada

Where to find them:

Industry:

Artificial Intelligence, Mining, Mining Technology, Natural Resources

Details about the buyer:

One of the top engineering companies in the world is called The Weir Group.

Headquarter:

Glasgow, Glasgow City, United Kingdom

Where to find them:

Graphyte acquired by Optimove

Details about the transaction:

Acquisition amount:

$40,000,000

Announcement:

13 July 2022

Details about the company:

The AI-driven marketing personalization tool Graphyte was created especially for the gaming and betting sectors.

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Artificial Intelligence, Gaming, Machine Learning, Software

Details about the buyer:

Optimove's CRM Marketing Hub autonomously converts customer data into actionable insights thanks to an actionable CDP at its heart.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Neura acquired by Otonomo

Details about the transaction:

Acquisition amount:

$50,000,000

Announcement:

5 October 2021

Details about the company:

generating useful insights from anonymised data and activity signals to enable enterprises to make strategic decisions.

Headquarter:

Palo Alto, California, United States

Where to find them:

Industry:

Artificial Intelligence, CRM, Internet of Things, Machine Learning, Marketing Automation, Mobile, Mobile Apps, Software

Details about the buyer:

Otonomo is a cloud-based technology that links millions of automobiles to automakers, drivers, and service providers.

Headquarter:

Herzliya, Tel Aviv, Israel

Where to find them:

Unbxd acquired by Netcore Cloud

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

24 March 2022

Details about the company:

Unbxd is a platform for e-commerce product discovery that links customers to the goods they are most likely to purchase.

Headquarter:

Bengaluru, Karnataka, India

Where to find them:

Industry:

Artificial Intelligence, Big Data, E-Commerce, Machine Learning, Navigation, Product Search, Search Engine, Software

Details about the buyer:

With a selection of tools that aid in acquisition, engagement, and retention, Netcore offers B2C companies the chance to build incredible digital experiences.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Datacorp acquired by Checkin.com

Details about the transaction:

Acquisition amount:

$4,700,000

Announcement:

15 December 2021

Details about the company:

Datacorp specializes in creating artificial intelligence (AI) tools for computer vision and image analysis.

Headquarter:

Tallinn, Harjumaa, Estonia

Where to find them:

Industry:

Artificial Intelligence, Information Technology, Machine Learning, Software

Details about the buyer:

The Swedish software startup Checkin.com is revolutionizing the way customers check in online for services all around the world.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

e-bot7 acquired by LivePerson

Details about the transaction:

Acquisition amount:

$53,100,000

Announcement:

20 July 2021

Details about the company:

A low-code Conversational AI platform from e-bot7 enables businesses to increase the effectiveness of customer care.

Headquarter:

München, Bayern, Germany

Where to find them:

Industry:

Artificial Intelligence, CRM, Machine Learning, Marketing Automation, SaaS, Sales Automation, Software, Virtual Assistant

Details about the buyer:

LivePerson offers real-time, intelligent customer interaction tools that support businesses in improving their client connections.

Headquarter:

New York, New York, United States

Where to find them:

Froot Research acquired by Aarav Solutions

Details about the transaction:

Acquisition amount:

$4,000,000

Announcement:

30 September 2022

Details about the company:

Business intelligence is provided by the information technology company Froot Research.

Headquarter:

Pune, Maharashtra, India

Where to find them:

Industry:

Artificial Intelligence, Business Intelligence, Information Technology, Machine Learning

Details about the buyer:

IT consulting, technology, and digital transformation services are offered by Aarav Solutions.

Headquarter:

Iselin, New Jersey, United States

Where to find them:

InovaMind acquired by Dimensa Tecnologia

Details about the transaction:

Acquisition amount:

$4,149,231

Announcement:

10 January 2022

Details about the company:

InovaMind is an IT company that focuses in developing digital goods and services as well as artificial intelligence, big data, and machine learning.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Industry:

Artificial Intelligence, Big Data, Machine Learning

Details about the buyer:

A technology corporation that does financial activities is called Dimensa Tecnologia.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Odin Vision acquired by Olympus

Details about the transaction:

Acquisition amount:

$80,237,405

Announcement:

20 December 2022

Details about the company:

Applications created by Odin Vision for endoscopic treatments use cloud AI.

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Artificial Intelligence, Health Care, Medical

Details about the buyer:

The creation of client-driven solutions for the medical, life sciences, and industrial equipment sectors is Olympus's life's work.

Headquarter:

Tokyo, Tokyo, Japan

Where to find them:

PhysiMax Technologies acquired by DarioHealth

Details about the transaction:

Acquisition amount:

$1,020,000

Announcement:

20 January 2022

Details about the company:

Through customized training plans, PhysiMax Technologies enables athletes to enhance performance and prevent injuries.

Headquarter:

Glil Yam, Tel Aviv, Israel

Where to find them:

Industry:

Artificial Intelligence, Fitness, Health Care, Information Technology, Machine Learning, Sports, Wellness

Details about the buyer:

A digital therapeutics firm called DarioHealth is involved in the creation and marketing of unique and exclusive technologies.

Headquarter:

New York, New York, United States

Where to find them:

Asteria Aerospace acquired by Reliance Industries

Details about the transaction:

Acquisition amount:

$3,270,641

Announcement:

13 December 2019

Details about the company:

Robotics and artificial intelligence are the focus of Asteria Aerospace.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Industry:

Aerospace, Artificial Intelligence

Details about the buyer:

Reliance Industries works in the petrochemical, textile, retail, and energy industries.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Rubikloud acquired by Kinaxis

Details about the transaction:

Acquisition amount:

$60,155,977

Announcement:

15 June 2020

Details about the company:

Through its cloud-native platform, Rubikloud leverages AI to provide intelligent decision automation to business merchants.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

Industry:

Artificial Intelligence, Big Data, Cloud Data Services, Internet, Machine Learning, Retail, Retail Technology, Software

Details about the buyer:

Leading supplier of cloud-based subscription software is Kinaxis.

Headquarter:

Ottawa, Ontario, Canada

Where to find them:

Kite acquired by Affirm

Details about the transaction:

Acquisition amount:

$26,000,000

Announcement:

2 August 2021

Details about the company:

With the use of machine learning and internet programming skills, Kite enhances the coding environment.

Headquarter:

San Francisco, California, United States

Where to find them:

Industry:

Artificial Intelligence, Developer Platform, Developer Tools, Information Services, Machine Learning

Details about the buyer:

Consumer installment loans are available via Affirm, a provider of financial technology services, at the point of sale.

Headquarter:

San Francisco, California, United States

Where to find them:

Klink acquired by Connectcom

Details about the transaction:

Acquisition amount:

$3,274,169

Announcement:

9 March 2021

Details about the company:

Klink is a developer and supplier of artificial intelligence and machine learning solutions for e-commerce and logistics firms.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Industry:

Artificial Intelligence, Machine Learning, Software

Details about the buyer:

Software and hardware are available from Connectcom, a company that delivers information and technology services.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

MedAware Systems acquired by Biomed Industries

Details about the transaction:

Acquisition amount:

$18,000,000

Announcement:

21 September 2022

Details about the company:

A firm that provides analysis of all accessible data on any medical issue is called MedAware Systems.

Headquarter:

Boulder, Colorado, United States

Where to find them:

Industry:

Artificial Intelligence, Big Data, Health Care, Information Technology, Medical, Pharmaceutical

Details about the buyer:

It is a biopharmaceutical firm called Biomed Industries.

Headquarter:

San José, San Jose, Costa Rica

Where to find them:

Pekat Vision acquired by Datalogic

Details about the transaction:

Acquisition amount:

$17,626,969

Announcement:

21 March 2022

Details about the company:

AI-based software for industrial visual inspection and quality control is called PEKAT VISION.

Headquarter:

Brno, Jihomoravsky kraj, Czech Republic

Where to find them:

Industry:

Artificial Intelligence, Software

Details about the buyer:

In the markets for industrial automation and automatic data capture, Datalogic is a world technological leader.

Headquarter:

Reno, Emilia-Romagna, Italy

Where to find them:

RoundSqr acquired by Cigniti Technologies

Details about the transaction:

Acquisition amount:

$4,800,000

Announcement:

4 May 2022

Details about the company:

Solutions supplier provides cognitive platform for managing the lifespan of computer vision, offshore services, and digital consulting (AI/ML).

Headquarter:

Hyderabad, Andhra Pradesh, India

Where to find them:

Industry:

Artificial Intelligence, Consulting, Education, Information Technology, Internet, Software

Details about the buyer:

Company offering impartial testing services

Headquarter:

Irving, Texas, United States

Where to find them:

SalesDirector.ai acquired by Bigtincan

Details about the transaction:

Acquisition amount:

$1,200,000

Announcement:

28 December 2022

Details about the company:

A revenue intelligence platform called SalesDirector.ai connects people, activity, and engagement across the buying journey.

Headquarter:

Irvine, California, United States

Where to find them:

Industry:

Artificial Intelligence, Information Technology

Details about the buyer:

Bigtincan is a sales enablement automation business that aids in streamlining future consumer purchasing experiences.

Headquarter:

Waltham, Massachusetts, United States

Where to find them:

Sharktower AI acquired by MyProteus

Details about the transaction:

Acquisition amount:

$13,591,148

Announcement:

20 February 2022

Details about the company:

With our AI project management platform, Sharktower AI hopes to revolutionize how organizations implement change.

Headquarter:

Edinburgh, Edinburgh, City of, United Kingdom

Where to find them:

Industry:

Artificial Intelligence, Machine Learning, Project Management, SaaS, Software

Details about the buyer:

A technology firm called MyProteus offers digital solutions and project management to help businesses flourish.

Headquarter:

Stow Cum Quy, Cambridgeshire, United Kingdom

Where to find them:

Supahands acquired by Omnilytics

Details about the transaction:

Acquisition amount:

$20,000,000

Announcement:

24 August 2021

Details about the company:

Supahands uses patented technologies and a crowdsourced workforce to offer training data for machine learning and artificial intelligence.

Headquarter:

Kuala Lumpur, Kuala Lumpur, Malaysia

Where to find them:

Industry:

Artificial Intelligence, Computer Vision, Crowdsourcing, Data Mining, Enterprise Software, Image Recognition, Machine Learning, Software

Details about the buyer:

By providing merchants with comprehensive and useful information that drive decision-making, Omnilytics puts them ahead of the competition.

Headquarter:

Singapore, Central Region, Singapore

Where to find them: