Monday, September 10, 2018

Veritone Buys AI Developer Machine Box For Up To $5.0M

Costa Mesa-based Veritone, which develops artificial intelligence software, said today that it has acquired Machine Box, a developer of machine learning technology. The deal was worth approximately $5.0M, including $2.0M upfront plus up to $3.0M in earn out, split between Veritone stock and cash. Veritone said the deal will help add a range of "c

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