Tech Company M&A Transactions

XNOR.ai Acquisition

On 1/15/2020, XNOR.ai was acquired by Apple. What Apple paid for XNOR.ai was not disclosed.

Transaction Overview

Company Name
Acquired By
Announced On
1/15/2020
Transaction Type
M&A
Amount
Unknown
M&A Terms
Speaking on condition of anonymity, sources said Apple paid an amount similar to what was paid for Turi, in the range of $200 million.

Company Information

Company Status
Acquired or Merged
Industry
Artificial Intelligence
Mailing Address
936 N 34th St. 400
Seattle, WA 98103
USA
Email Address
Overview
Our technology lets you run deep learning models efficiently, directly on your phone, IoT device, or an embedded CPU, without relying on datacenters or network connectivity. At XNOR.ai we build technology to power the next generation of pervasive, personal AI and deep learning.
Profile
XNOR.ai LinkedIn Company Profile
Social Media
XNOR.ai Company Twitter Account
Company News
XNOR.ai News
Facebook
XNOR.ai on Facebook
YouTube
XNOR.ai on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ali Farhadi
  Ali Farhadi LinkedIn Profile  Ali Farhadi Twitter Account  Ali Farhadi News  Ali Farhadi on Facebook
Founder
Mohammad Rastegari
  Mohammad Rastegari LinkedIn Profile  Mohammad Rastegari Twitter Account  Mohammad Rastegari News  Mohammad Rastegari on Facebook


 

 

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