Posts Tagged ‘acquisition’

Rovi Set to Acquire Veveo

Veveo

Stephanie Mlot of PC Mag reports, “Rovi announced today that it will acquire Veveo in order to boost its search and analytics tools. The $62 million cash purchase comes with Veveo’s Knowledge Graph-driven semantic tech and natural-language controls, the latter which likely means integrated voice search. Massachusetts-based Veveo—not to be confused with YouTube’s Vevo music service—launched 10 years ago with the hope of bridging connected devices with intelligent discovery solutions. Over the last decade, the company has acquired 50 patents and works with the likes of AT&T, Cablevision, and Verizon. Now, it will bring its semantic solutions to Rovi, which licenses data for TV guides, and intends to use Veveo’s technology to tailor entertainment suggestions to each individual user.” Read more

What is Google Up to With Nest Labs?

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Ron Callari of Inventor Spot recently wrote, “OK, so a $3.2 billion acquisition is nothing to sneeze at! However, when your current stock price on the Nasdaq exchange is trading at $1148 per share, and your coffers are overflowing in excess of $57 billion in cash and marketable securities – $3.2 is more or less chump change for an Internet giant. But exactly what’s Google’s end game in acquiring a company that few of us knew about? Nest, according to Tony Fadell, its founder and CEO was started humbly with one device in 2010 – the lowly unglamorous thermostat. While it seemed like ‘a crazy idea at the time – it made all the sense in the world to us,’ Faddell asserted.” Read more

Google Purchases Nest Labs for $3.2 Billion

Nest

Nathan Ingraham of The Verge reports, “Google has just purchased Nest Labs, the maker of the Nest Learning Thermostat and Protect smoke detector, for $3.2 billion in cash. According to a Google press release, Nest will continue to operate independently under the leadership of co-founder and CEO Tony Fadell; co-founder Matt Rogers will also make the move to Google. While the transaction is subject to the usual regulatory review, Google says it expects the sale to close within the next few months. Google Ventures had already invested over $100 million in Nest, so the company has been on Mountain View’s radar for some time now. It’s not yet clear exactly how Google plans to use Nest, but the company obviously sees it as an important part of its future. A combination of Nest’s home solutions coupled with Google’s language recognition could give Google its strongest path yet into your home.” Read more

Yahoo! Acquires Aviate and Its Contextual Search System

Yahoo

Jim Edwards of Business Insider reports, “Yahoo has acquired Aviate, a company that provides ‘contextual’ app search and organization for mobile phone users, Marissa Mayer announced at CES — the huge tech conference in Las Vegas — today. ‘Contextual’ search is becoming a huge deal at the major tech brands. Google, Microsoft’s Bing, Apple and Facebook all have contextual or ‘semantic’ search efforts under way.” Read more

Pinterest’s Acquisition of VisualGraph Could Lead to Monetization

Pinterest

Faith Merino of Vator.tv reports, “Pinterest may have just gotten one step closer to monetizing. The company has confirmed its acquisition of visual search technology company VisualGraph, which could result in A) a stronger commerce angle, or B) ultra targeted ads. Or both! The two-man company was founded by Kevin Jing, who formerly worked on Google’s image search technology. VisualGraph was specifically designed to be applied to commerce and ‘visual shopping,’ so it seems likely that that’s how Pinterest will integrate the technology. And Pinterest is definitely raising money like a commerce company. The startup recently raised a massive $225 million round just last October, bringing its total raised to more than $550 million since 2010.” Read more

AppTek Acquires the Omnifluent Human Language Technology Software and Business from Leidos

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MCLEAN, Va., Nov. 5, 2013 /PRNewswire/ – Applications Technology LLC (“AppTek”) (www.apptek.com), through its foundersMohammad Shihadah and Mudar Yaghi, today announced that it has acquired the Omnifluent Human Language Technology software and related business from Leidos, Inc.  The intellectual property includes automated speech recognition and machine translation software tools that allow for bi-directional and uni-directional language pairs encompassing more than thirty languages and numerous dialects. Read more

DATAVERSITY and Wilshire Conferences acquire SemanticWeb.com and Semantic Technology and Business Conference

Dataversity.net logo[LOS ANGELES, OCT. 24, 2013]  DATAVERSITY Education LLC, a subsidiary of Wilshire Conferences, Inc. today announced the acquisition of the publishing and conference assets of the Semantic Technology and Business (SemTechBiz) Conferences and the SemanticWeb.com web site, from Mediabistro, Inc.

“We are pleased to be engaging again with the community of semantic technology professionals through these two high quality media channels” said Tony Shaw, CEO of DATAVERSITY. “Semantic technology is an ideal match with our DATAVERSITY subject matter portfolio which is focused primarily on the areas of enterprise data and big data.”

An agreement has been reached for Eric Franzon, the current Editor of SemanticWeb.com and Program Chair for the SemTechBiz Conference, to continue his role.

Further details regarding future business plans will be made available over the coming weeks. For questions, please contact Tony Shaw at tony@dataversity.net.

About DATAVERSITY

DATAVERSITY™ provides resources for information technology (IT) professionals, executives and business managers to learn about the uses and management of data.  Our worldwide community of practitioners, advisers and customers participates in, and benefits from, DATAVERSITY’s educational conferences, discussions, articles, blogs, webinars, certification, news feeds and more.  Members enjoy access to a deep knowledge base of presentations, research and training materials, plus discounts off many educational resources including webinars and conferences. For more information please visit: www.DATAVERSITY.net or email: events@dataversity.net.

 About SemanticWeb.com

SemanticWeb.com is the voice of Semantic Technology Business: Linked Data, Big Data, Smart Data. We cover news about how companies are making money, saving money, and solving Big Data challenges using Semantic Technologies. SemanticWeb.com is the leading source for news and information about Semantic Technologies and the people and companies working with them today. Industry news, case studies and practical applications, company and product announcements, job postings, opinion, webcasts, podcasts, and a community-run Q&A platform called “Answers” are all found at SemanticWeb.com.

Intel Buys Intelligent Dialog Firm Indisys

David Meyer of GigaOM reports, “Intel has bought a Spanish ‘intelligent dialog’ firm called Indisys, in what appears to be the chipmaker’s latest foray into artificial intelligence and next-generation interface systems. The Spanish website Hemerotek said the deal was at a valuation of $30-35 million. Seville-based Indisys has a variety of products ranging from e-learning to semantic search, though its core product is virtual assistant software that is used by customers such as the retailer El Corte Inglés. The virtual assistant can virtually assist people over the phone or in a slightly creepy avatar format for websites. Intel had previously invested €3.2 million ($4.24 million) in Indisys in November 2012.” Read more

Sprylogics Enters into Definitive Agreement to Acquire Poynt Inc.

TORONTO, July 2, 2013 /CNW/ - Sprylogics International, (“Sprylogics” or “the Company”) the international provider of innovative mobile search and messaging monetization services announces that, further to the Company’s press release of May 31, 2013, it has signed a definitive share purchase agreement (the “Agreement”) to acquire Poynt Inc (“Poynt”).  Closing of the acquisition is scheduled to occur on or before July 15, 2013. Closing of the acquisition of Poynt by Sprylogics remains subject to satisfactory completion of all closing conditions as set out in the Agreement, including receipt of all third-party and regulatory approvals. Read more

TEMIS Acquires i3 Analytics

PARIS and COLUMBIA, Maryland, June 27, 2013 /PRNewswire/ — TEMIS, the leading provider of Semantic Content Enrichment solutions for the Enterprise, announced today that they have acquired the US-based i3 Analytics, a provider of advanced data analytics and visualization technologies, for an undisclosed amount.

Founded in 2011 and employing former NIH (National Institutes of Health) engineers, i3 Analytics provides the award-winning Biopharma Navigator, a Software-as-a-Service platform that charts the biopharma landscape based on Life Sciences open data. Providing customers with tailor-made, relevant and intuitive visualization maps, the i3 Analytics’ Biopharma Navigator enables Life Sciences professionals to work faster, provide critical information to their peers, and make fast and informed clinical, regulatory, and business decisions.  Read more

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