Scott Raynovich of CMS Wire recently wrote, “Boston Dynamics, Nest and DeepMind. In the past month, Google has gone on yet another acquisition binge, spending at least $4 billion on a trio of startups that seem only loosely connected — robotics, home automation and artificial intelligence, respectively. Is there a central strategy, and what does it mean to the future of Google, the Internet of Things and Customer Experience? Based on a pattern of deals and feedback from leading experts, it appears Google believes the future is heavily connected to data gathering, machine learning and automation, which all of these companies have in common. ‘In a broader pattern, if Google is focusing on artificial intelligence (AI) and machine learning, how is this kind of semantic understanding going to help us make decisions faster and do our jobs,’ said David Schubmehl, a research director with International Data Corp. (IDC).” Read more
Posts Tagged ‘acquisitions’
Gil Press of Forbes recently interviewed Jim Kaskade, CEO of InfoChimps regarding Big Data and his predictions for the market. Press writes, “Jim Kaskade’s crystal ball shared with him recently a list of upcoming big data acquisitions: EMC will buy MapR, Oracle will buy Cloudera, and Teradata will buy Hortonworks. Kaskade, the newly-appointed CEO of Infochimps, believes CIOs are ready to embrace open source big data software and that the established IT players, lacking open source experience, will have to buy their way into the market.” Read more
Following the news in May that German company Ontoprise GmbH filed for bankruptcy, semafora systems GmbH has now announced that it will be taking over Ontoprise’s product divisions. These include SemanticGuide, SemanticMiner, OntoBroker, OntoStudio, SemanticContent Analytics, and SemanticIntegrator.
Financed by Triangle Venture Capital Group, semafora is promising a “seamless takeover and continuation of the business.” The transition also means that the base of operations for these products has moved from Karlsruhe to Darmstadt.
Mediabistro.com (a division of WebMediaBrands Inc., Nasdaq: WEBM and parent company of SemanticWeb.com) today announced that it has acquired the assets of the website SemanticOverflow.com from Andrew Matthews of Melbourne, Australia, the site’s founder. Terms of the deal were not disclosed.
“SemanticOverflow.com is a unique property which allows people to help one another with questions about Semantic Web technologies and techniques. The site is a blend of a Q&A forum and a recommendation site. Users can ask, tag, and answer questions. As a community-moderated site, it also allows participants with a sufficient reputation score to vote on and even edit both the questions and community-submitted answers,” stated Alan M. Meckler, Chairman and CEO of WebMediaBrands, Inc. “SemanticOverflow will be added as a feature on our blog SemanticWeb.com and will further advance SemanticWeb.com as the number one media resource in the world for the coverage of Semantic Web and Linked Data news and information. SemanticWeb.com is growing in lock step with our Semantic Technology trade shows including shows annually in San Francisco, Washington DC, London, England, and soon to be announced shows in Berlin, Germany, and a soon to be announced Asian location.”
For the next few weeks, SemanticOverflow.com will remain at its current home, while technical teams work to ensure a smooth transition to SemanticWeb.com. We at SemanticWeb.com are thrilled to be able to offer this excellent community resource to our readers.
Talis, a leading company in the Semantic Web space, has sold its legacy library management and managed services business to Capita Software Services. As a result, £18 Million (over $28 Million USD) will be added to the Talis coffers — funds that the company can put toward helping its customers get more value out of Semantic Technologies.
Talis Group’s Portfolio companies including Talis Education Ltd, Talis Systems Ltd and Talis Inc ARE unaffected by the acquisition of Talis Information. Talis Group’s non-library divisions provide a SaaS-based development platform for Linked Data management and resource list management solutions for higher education. Read more
Last week Phase2 Technology announced its purchase of Open Atrium and Managing News, “two open source products based upon Drupal developed by Washington, DC-based Development Seed.” Phase2 specializes in the development of Drupal-based distributions for the government and publishing sectors.
According to the release, “The purchase of Open Atrium complements the suite of products Phase2 has developed internally and services it provides to enterprise level clients in government, publishing and non-profit communities.” Phase2’s products include OpenPublic and OpenPublish. Read more
SemanticWeb.com is pleased to welcome a new member of the family. The parent company of this site and of the Semantic Technology (“SemTech”) Conference series announced today that it has acquired the European Semantic Technology Conference and trade show (“ESTC“) from Semantic Technology Institute International (“STI International”). STII will remain involved in the event, including the steering committee of Alexander Wahler and John Davies. The European Semantic Technology Conference is the biggest industry trade show focusing on Semantic Technology in Europe. Terms of the acquisition were not disclosed.
In the wake of AOL’s purchase of the Huffington Post, bystanders have reacted with confusion. Stephen Colbert, for example, teased the $315 million purchase by creating The Colbuffington Re-Post and offering his site up for $316 million.
A recent article comments, “In what current chatter has labeled a last and perhaps impotent attempt at salvation for AOL (see their marriage to Time Warner), it appears that this latest venture could yield some unexpected advantages. HuffPo has been attracting record readership.”
What got a bit lost in the news about AOL’s purchase of the Huffington Post was that the deal also gets the Internet content provider some more semantic technology (the company’s past acquisitions include social/semantic matching Q-and-A platform Yedda, for example). In addition to The Huffington Post having been an early adopter of Thomson Reuters Open Calais semantic web service to identify and extract entities, facts and events for localized content initiatives, the site last year acquired Adaptive Semantics and its JuLiA platform for helping publishers discover the leaders in their social graph.
That acquisition now could bear fruit for AOL in influencing community engagement across a whole lot more web sites. AOL properties include community-specific sites such as the Patch network of localized news and events information, the DailyFinance business and investment news site, Autoblog, and many more.