# Panasonic acquires AI firm Arimo Inc.

Panasonic Corporation acquired Arimo Inc., a US leader in deep learning and behavioral AI, to leverage its data science expertise for B2B solutions in manufacturing and housing.

- Type: Acquisition
- Announced: 2017-10-30
- Where: California, United States
- Status: completed
- Products: deep learning, behavioral AI, IoT-centric AI products
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Panasonic](https://endata.com/companies/1026.md) (acquirer)
- [Arimo Inc.](https://endata.com/companies/17817.md) (target)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/panasonic-buys-leading-ai-firm/), 2017-10-30: "The acquisition of Arimo provides Panasonic with a much-needed core data science element that will greatly reinforce our efforts to continue developing further sophisticated AI-based solutions for our B2B customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.