Archives for acquisition - Page 4
Why NVIDIA Acquired ARM
“An astounding 180 billion computers have been built with Arm — 22 billion last year alone. Arm has become the most popular CPU in the world.” Jensen Huang, Founder, NVIDIA NVIDIA today announced that it would acquire Arm Limited from SBG and the SoftBank Vision Fund in a transaction valued at $40 billion. According to…
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Cisco has expressed its intent to acquire BabbleLabs, aiming to solve a problem that professionals often face — unwanted background noise, constant interruptions and disturbances while they are on a video conference. The acquisition will integrate intelligence into the Cisco Collaboration platform. BabbleLabs released this tech back in 2017 and uses supervised machine learning models…
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Cisco has expressed its intent to acquire BabbleLabs, aiming to solve a problem that professionals often face — unwanted background noise, constant interruptions and disturbances while they are on a video conference. The acquisition will integrate intelligence into the Cisco Collaboration platform. BabbleLabs released this tech back in 2017 and uses supervised machine learning models…
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On Monday, Florida-based Luminar Technologies announced that it has entered into a definitive agreement to merge with Gores Metropoulos, Inc. With a market capitalisation of US $3.4 billion, this LiDAR service provider has so far partnered with 7 of the top 10 automakers in the world. The company claims to have built a new type…
The post What Does LiDAR-Based Startup Luminar Technologies $3.4Bn Deal Mean For Autonomous Industry appeared first on Analytics India Magazine.
Although the year 2020 started with a crisis, the technology landscape has drastically gained its momentum, and artificial intelligence has played a crucial role amid this pandemic. And that’s why the majority of companies are trying to get their hands on this technology, either by hiring AI and analytics experts or by acqui-hiring AI startups.…
The post Biggest AI Acquisitions For The Year 2020, So Far appeared first on Analytics India Magazine.
In recent news, it has been announced that Mumbai-based non-profit competitive programming platform, CodeChef has been acquired by a Bangalore-based ed-tech startup Unacademy. Established in 2009 by serial entrepreneur, Bhavin Turakhia as part of Directi, CodeChef platform has been designed to help developers and programmers to enhance their skills by practising coding and participating in…
The post How CodeChef’s Acquisition Puts Focus On The Importance Of Developers In India appeared first on Analytics India Magazine.
Intel has been on a shopping spree this week. After a $900M acquisition of Moovit, today Intel’s investment wing, Intel Capital has announced that they are investing $132 M in 11 AI startups. Last year, at the Intel Capital Summit, CEO, Bob Swan described Intel Capital’s role as a combination of strategic, financial and cultural.…
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Why Intel Acquired Moovit
Intel Corporation yesterday has announced that it has acquired the Israeli company Moovit for approximately $900 million. Moovit has become quite popular in the past couple of years for providing real-time updates to ride-sharing service users. But why would Intel, a chipmaker spend a near billion on something like Moovit? What Does Moovit Do Founded…
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Accenture has recently announced that the company is acquiring a cybersecurity startup — Revolutionary Security in order to expand its cybersecurity practice. The portfolio of Revolutionary Security startup includes cybersecurity services like risk assessment, breach and attack simulation testing, and designing and building security programs. The company leverages proprietary technology and methods to help in…
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GitHub has confirmed an agreement to procure npm Inc, the organisation which operates the npm repository relied upon by 12 million JavaScript developers. The operation of the npm team over the last ten years, with participation from hundreds of thousands of open-source programmers and maintainers, made npm a platform to over 1.3 million packages with…
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