Computer processing giant Intel has acquired Vertex.AI, a startup that had a mission of making it possible to develop “deep learning for every platform”, building a deep learning engine called PlaidML to do this. Terms of the deal have not been disclosed but Intel has provided the following statement, confirming the deal and that the whole team —… Read More »
Israel-based alumni outreach startup Graduway, incorporated as Headhunter Systems Ltd., has acquired Gloucestershire, U.K.-based career mentoring software developer VineUp Ltd., the companies announced Wednesday. The financial terms of the deal were not disclosed. Founded in 2013, Graduway develops software that helps colleges and universities manage communications with their alumni networks. It lists UCLA, Johns Hopkins… Read More »
With an eye toward its Workplace by Facebook enterprise offering, Facebook announced it has acquired Redkix, a startup that provides tools to communicate more effectively by combining email with a more formal collaboration tool. The companies did not reveal the acquisition price. Facebook made the purchase in hopes of building out its own communication features inside Workplace, the enterprise version… Read More »
Identity management software company Ping Identity acquired API security startup Elastic Beam for an undisclosed amount and launched a new product called PingIntelligence for APIs. Ping also announced a new product, PingIntelligence for APIs, based on the Elastic Beam technology. They did not disclose the sale price. It may seem like an odd match for Ping, which… Read More »
Sphero, the Boulder-based robotic toy maker, has acquired Specdrums, a Boulder startup that makes programmable rings that people can use to make music. Terms of the deal were not disclosed. The transaction brings the Specdrums product to Sphero, along with the startup’s six employees. Acquiring Specdrums helps add art to the technical learning Sphero is… Read More »
Twitter this morning announced it has agreed to buy San Francisco-based technology company Smyte. Founded in 2014 by former Instagram and Google engineers, Smyte is designed to identify and prevent harassment and spam, as well as to protect user accounts from phishing schemes and other forms of digital abuse. According to Smyte’s website, its clients included Indiegogo, GoFundMe, npm, Musical.ly,… Read More »
In an attempt to gain an edge in the education market, Microsoft Corp.Microsoft has announced the acquisition of Flipgrid, a Minneapolis-based educational software startup. The technology giant announced the acquisition of the startup behind a video learning platform with more than 20 million users worldwide all over the world, including teachers, students, and parents, from Pre-K all… Read More »
MIPS Tech Inc has acquired Wave Computing, one of the myriad Silicon Valley startups designing custom-built hardware for artificial intelligence. The company says the MIPS acquisition will add to the company’s bottom line and will be cash flow positive. MIPS will operate as an independent business unit within Wave and will continue to license IP… Read More »
Workday, a leading provider of enterprise cloud applications for finance and human resources that was founded in 2005 has acquired Adaptive Insights, a provider of cloud-based business planning and financial modelling tools, for $1.55 billion. The acquisition is notable because Adaptive Insights had filed for an IPO as recently as May 17. Workday itself went… Read More »
On Friday, Workday announced it was buying Rallyteam, a San Francisco startup that helps companies keep talented employees by matching them with more challenging opportunities in-house. The two companies did not disclose the purchase price or the number of Rallyteam employees who would be joining Workday. Workday appears to be acquiring the talent. It wants… Read More »
