M&A

M&A

SparkCognition acquires AI startup Integration Wizards

Economic Times  

Artificial intelligence (AI) software solutions provider SparkCognition is to acquire Bangalore-based Integration Wizards, a visual AI player. Through this acquisition, SparkCognition plans to expand its IP portfolio to include computer vision capabilities to provide greater value to its industry solutions. Integration Wizards's key applications include 24/7 monitoring, enhancing safety and security initiatives, improved process automation in factories and facilities, support for autonomous vehicle operations, and environmental and situational awareness.