Verint buys Next IT: An Early AI Acquisition

Much is said about artificial intelligence (AI), but it is still in the early stages. One way to watch the grown of AI, machine learning and natural language processing (NLP) is to look for acquisition of companies focused in those areas. One just announced acquisition is of AI voice response company Next IT by Verint. The announcement on the Next IT web site is backed up by reports of a $30 million (USD) acquisition price. That brings up two key concepts.