Tech Company M&A Transactions
Apprente Acquisition
On 9/12/2019, Apprente was purchased by McDonald's. McDonald's did not announce specifics regarding acquisition price or deal terms.
Transaction Overview
Company Name
Acquired By
Announced On
9/12/2019
Transaction Type
M&A
Amount
Unknown
M&A Terms
The Apprente team will be the founding member of a new, integrated, internal group within McDonald's Global Technology team called McD Tech Labs. Over time, McDonald's expects to grow its presence in Silicon Valley with the hiring of additional engineers, data scientists and other advanced technology experts to join McD Tech Labs to meet future business needs and support deployment. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Artificial Intelligence
Mailing Address
357 Castro St. 200
Mountain View, CA 94041
USA
Mountain View, CA 94041
USA
Phone
Undisclosed
Website
Email Address
Overview
Apprente is developing innovative machine intelligence solutions based on a breakthrough neuroscience-inspired AI technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Itamar Arel
Chief Technical Officer
Moshe Looks
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