Category: acquisition
Apple buys an AI startup to improve Siri’s data
Apple is continuing its string of AI startup acquisitions, this time to improve Siri’s performance. The company has confirmed to Bloomberg that it recently acquired Inductiv, a Waterloo, Ontario, Canada-based company that uses AI to correct data — wh… Source
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Intel acquires Rivet Networks, the maker of ‘Killer’ WiFi cards
Once upon a time Bigfoot Networks was just a startup promising to lower latency with a “network gaming accelerator,” before delivering its tech under the Killer wireless brand. Its aftermarket NIC measurably outperformed onboard Ethernet ports, and i… Source
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Facebook just bought Giphy
Facebook has bought the GIF-sharing service Giphy, which will now be a part of the Instagram team. It plans to integrate Giphy’s library more deeply into Instagram (where GIFs are prevalent in Stories) and other Facebook services. Although Facebook d… Source
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Apple buys virtual reality company NextVR
In one of its more interesting acquisitions in recent memory, Apple has purchased NextVR. The company confirmed the deal to CNBC. NextVR is best known for its past work with the NBA. The two had worked together to produce and broadcast basketball gam… Source
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Zoom acquires security startup Keybase to offer end-to-end encryption
In its latest effort to beef up security, Zoom has acquired Keybase, a popular startup that provides encrypted communication services — like secure messaging and file sharing. The deal is part of Zoom’s 90-day plan to address security issues brought… Source
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Intel buys transit app maker Moovit to advance its mobility ambitions
Today, Intel announced that it has acquired the transit app developer Moovit for nearly roughly $900 million, confirming rumors that circulated over the weekend. Used by more than 800 million users and services in over 3,000 cities and 102 countries,… Source
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