# 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.

- Type: Acquisition
- Announced: 2017-08-16
- Where: Amsterdam, Netherlands
- Status: completed
- Products: machine learning solutions, AI software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Qualcomm](https://endata.com/companies/16058.md) (acquirer)
- [NXP Semiconductors](https://endata.com/companies/19521.md) (target)
- [Scyfer](https://endata.com/companies/26308.md) (target)

## Sources

- [ace-incubator.nl](https://ace-incubator.nl/ace-alumnus-scyfer-acquired-by-qualcomm/), 2017-08-16: "With Scyfer’s acquisition the company hopes to further advance its AI research and development focusing on implementation of AI on end devices"
- [eenewseurope.com](https://www.eenewseurope.com/en/europe-halts-review-of-qualcomms-takeover-of-nxp-2/), 2017-09-07: "The halt in the review is noted on the European Commission's website and is the third such pause."

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