Global Tech Giants Remain Most Active Acquirers in AI Tech, says GlobalData - Which-50

Deal making landscape in the artificial intelligence (AI) tech space during 2014–2018 was dominated by global tech giants, according to GlobalData. Of the top five acquirers, four were based out of the US, with Ireland-based Accenture being the only exception in the list. The four US-based companies–Facebook, Microsoft, Apple and Splunk–collectively accounted for 30 acquisitions in the AI tech space during 2014–2018, whereas Accenture acquired six companies in this area during the period. Aurojyoti Bose, Financial Deals Analyst at GlobalData, said, "Technology companies have been the dominant deal makers in the AI space. However, with AI making inroads into diverse sectors, the buyer universe in expanding and the space is also attracting investments from non-technology companies."