M&A Activity In Artificial Intelligence Up 7x Since 2011
As we've mentioned, corporate giants in tech are competing to acquire private artificial intelligence startups, with Google emerging as the most active acquirer over the last 5 years. So far in 2016, there have already been over 20 acquisitions of AI startups, the most recent being Twitter's acquisition of visual-processing startup Magic Pony Technology. We analyzed M&A and IPO activity in this space from 2011. Our artificial intelligence category includes companies developing core AI algorithms as well as those applying AI solutions to specific industries like healthcare and cybersecurity. We used our database to analyze at what stage the AI companies exited.
Jun-28-2016, 07:45:38 GMT
- Country:
- Europe > United Kingdom > England > Cambridgeshire > Cambridge (0.07)
- Genre:
- Financial News (0.43)
- Industry:
- Information Technology (1.00)
- Banking & Finance > Mergers & Acquisitions (0.40)
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