EDGE
Book a demo

All Updates

Filter
M&A
SparkCognition acquires Integration Wizards to expand vision capabilities across industries
Smart Factory
Mar 25
Last week:
Funding
Canvass Analytics announces raising USD 14.23 million in a series A funding round and debt
Smart Factory
Aug 9
Funding
Geek+ raises USD 100 million in Series E1 funding
Smart Factory
Aug 8
M&A
Telit announces plans to acquire Thales' cellular IoT products business to form Telit Cinterion
Smart Factory
Jul 29
Product updates
FANUC introduces new food picking and packing robot
Smart Factory
Jul 29
Partnerships
Geek+ expands robotics deployments at Siemens Shanghai factory
Smart Factory
Jul 27
Funding
Arch Systems raises USD 15 million to accelerate go-to-market motion
Smart Factory
Jul 15
M&A
Siemens acquires Spanish digital transformation company Innovative Strategies
Smart Factory
Jul 12
Product updates
Partnerships
ABB and Red Hat partner to improve scalability and real-time decision-making of industrial software
Smart Factory
Jul 12
Geographic expansion
ABB opens global innovation center for machine automation in Austria
Smart Factory
Jul 11
M&A
Siemens acquires asset management software platform Brightly
Smart Factory
Jun 27
Partnerships
Siemens partners with India’s MG Motors to offer smart factory solutions
Smart Factory
Jun 21
Funding
XYZ Robotics raises USD 40 million in Series B+ funding
Smart Factory
Jun 20
Product updates
Siemens launches digital factory in China
Smart Factory
Jun 17
Funding
Collaborative Robotics raises USD 10 million in seed funding
Smart Factory
Jun 14
M&A
Siemens acquires Senseye to expand predictive maintenance portfolio
Smart Factory
Jun 8
Product updates
Telit introduces digital transformation applications and templates
Smart Factory
Jun 7
Funding
READY Robotics receives strategic investment from NVIDIA
Smart Factory
Jun 6
Product updates
Canvass Analytics receives patent for predictive process control tech
Smart Factory
Jun 2
Partnerships
Product updates
OTTO Motors partners with Ek Robotics for technology integration
Smart Factory
Jun 1
Product updates
UnifyTwin launches AI app suite for manufacturers
Smart Factory
May 31
Funding
Worximity raises USD 14 million in Series B funding
Smart Factory
May 25
Product updates
Soft Robotics expands mGripAI to consumer goods, ecommerce, and logistics sectors
Smart Factory
May 19
Funding
Tractian raises USD 15 million in Series A funding
Smart Factory
May 17
M&A
Augury acquires Seebo to offer predictive insights across manufacturing assets, processes, and operations
Smart Factory
May 10
Partnerships
SparkCognition partners with Texas Robotics to advance AI and robotics tech
Smart Factory
Apr 28
Funding
Canvass Analytics receives USD 5.7 million grant from Government of Canada
Smart Factory
Apr 22
Partnerships
Soft Robotics partners with Quest and Ossid for tech integration targeting the food industry
Smart Factory
Apr 20
Partnerships
READY Robotics partners with Kawasaki Robotics for tech integration
Smart Factory
Apr 16
Product updates
ABB launches robot alignment software for improved speed and accuracy
Smart Factory
Apr 12
Product updates
Partnerships
Vecna Robotics partners with Big Joe to introduce new co-bot
Smart Factory
Mar 28
Smart Factory

Smart Factory

Mar 25

SparkCognition acquires Integration Wizards to expand vision capabilities across industries

M&A

  • SparkCognition, a provider of AI analytics solutions, has announced the signing of a definitive agreement to acquire Indian visual AI startup Integration Wizards to expand its intellectual property (IP) portfolio to improve vision capabilities.

  • SparkCognition will be able to further improve its product offerings across industries by integrating advanced visual AI capabilities that can evaluate complex situations, utilizing new and diverse data sets including CCTV feeds, drone footage, video from handheld devices, and existing camera infrastructures.

  • The company has reported a 2x increase in revenue YoY in 2021.

  • Analyst QuickTake: SparkCognition continues its inorganic growth through acquisitions of related companies; Integration Wizards now joins three other companies SparkCognition acquired last year—digital knowledge platform Maana, software developer for the renewable energy industry Ensemble Energy, and financial technology company AIM2. The necessary funds for this acquisition were made available earlier this year when the company raised USD 123 million to facilitate organic and inorganic growth.

Sign-up for a free trial

Gain access to all industry hubs, market maps, research tools, and more
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.