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Qualcomm acquires AI startup Scyfer · Endata

◂ Announcements

Aug 16, 2017ACQUISITIONAmsterdam, Netherlands

Qualcomm acquires AI startup Scyfer

Qualcomm acquired Amsterdam-based AI company Scyfer for an undisclosed amount. Scyfer has built machine learning solutions for manufacturing, healthcare and finance, including quality control of steel production for Tata Steel.

Status

Completed

Productsmachine learning solutionsAI software

CompaniesQualcomm acquirer NXP Semiconductors target Scyfer target

Sectors#Automation and Robotics

“With Scyfer’s acquisition the company hopes to further advance its AI research and development focusing on implementation of AI on end devices”ace-incubator.nl

2 sources
ace-incubator.nlBlog & EventsyuliaAug 16, 2017
eenewseurope.comEurope halts review of Qualcomm's takeover of NXP ...Peter ClarkeSep 7, 2017

Summarized from public sources; check the original articles before acting on it.

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