# dSpace acquires understand.ai

dSpace acquired the Karlsruhe-based startup understand.ai, which specializes in artificial intelligence, for an undisclosed sum.

- Type: Acquisition
- Announced: 2019-07-16
- Where: Karlsruhe, Germany
- Status: completed
- Products: artificial intelligence software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [dSpace](https://endata.com/companies/42001.md) (acquirer)
- [understand.ai](https://endata.com/companies/42002.md) (target)

## Sources

- [channel-e.de](https://www.channel-e.de/branchen-news/merger-acquisitions-2019/page-2), 2019-09-10: "Für eine nichtveröffentlichte Summe übernimmt dSpace das seit 2016 in Karlsruhe ansässige Start-up understand.ai, das im Bereich KI (künstliche…"

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