Apple has acquired the Paris-based artificial intelligence startup Datakalab amid its push to deliver on-device AI tools. Datakalab specializes in algorithm compression and embedded AI systems. The acquisition, finalized on December 17 last year, was quietly conducted but noted in a European Commission filing spotted by French publication Challenges (via iPhoneSoft). While the financial details … Read more
Canva has acquired Serif’s Affinity suite of creative apps, marking a significant stride in its competition against Adobe with a deal valued at several hundred million dollars (via Bloomberg). Canva is an Australian online design company valued at $26 billion. Its platform offers user-friendly design tools aimed at non-professionals and has a user base of … Read more
Can Apple buy its way to AI dominance? Image: Steve Johnson/Unsplash License/Cult of Mac Apple reportedly purchased DarwinAI, a small startup previously based in Waterloo, Ontario. The company developed software that might make artificial intelligence systems running on an iPhone or other computer more efficient. Apple promised that it’ll have big AI-related announcements later this … Read more
In a significant move within the tech industry, Synopsys, a major player in electronic design automation, has made a bold step by agreeing to purchase Ansys, a company known for its engineering simulation software, in a deal valued at $35 billion. This acquisition is set to create a powerhouse by combining Synopsys’ expertise in design … Read more
Imagine you’re sitting down with a cup of coffee, and I’m about to tell you about something pretty big that’s happening in the tech world. You know how everything is connected these days, right? Well, Broadcom, a big player in tech, has just bought VMware, another heavyweight in the industry. This deal is a big … Read more