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M&A
Inflection AI acquires Boundaryless for undisclosed sum to accelerate enterprise AI deployments
Generative AI Applications
Oct 21, 2024
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Generative AI Applications

Generative AI Applications

Oct 21, 2024

Inflection AI acquires Boundaryless for undisclosed sum to accelerate enterprise AI deployments

M&A

  • Inflection AI, an enterprise AI system provider, has acquired Boundaryless, a Robotic Process Automation (RPA) solution provider in Europe, for an undisclosed sum to support deploying its AI agent capabilities within enterprises.

  • Boundaryless delivers data transformation, automation, AI, and analytics solutions to clients in various industries, including finance, energy, healthcare, and manufacturing. 

  • With this acquisition, Inflection AI will establish its first European office in Switzerland, where Boundaryless is headquartered. The expanded team will focus on sales, implementation, and partner enablement in the EMEA region, aiming to bring Inflection AI's AI system to more enterprises.

  • Analyst QuickTake: This acquisition marks a strategic shift to enhance the deployment of trusted enterprise AI agents after changes to its business model. Previously, Inflection AI redefined its focus to prioritize user-centric AI solutions that foster human-like interactions, emphasizing trust and reliability. This acquisition aligns with that vision by integrating Boundaryless' expertise in creating secure AI frameworks that facilitate enterprise integration.

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