Proof Point
Global mergers and acquisition (M&A) deals of artificial intelligence (AI) companies grew 66% annually in last six years, from nine in 2012 to 115 in 2017
Global Mergers and Acquisitions of Artificial Intelligence Companies
2012 – 2017 (number)
Proof Point Findings
- Demand for AI – Mergers and acquisitions deals of private AI companies increased dramatically from nine in 2012 to 115 in 2017, an annual growth of 66%
- Tech Giants as Most Active Acquirers – Tech giants spearheaded AI M&A activity between 2012 to 2017, with Google leading with 13, followed by Apple with 12, Facebook with six, and Intel and Microsoft with five each
- Key Growth Drivers – Include exponentially advancing processing power, proliferation of new learning algorithms, rapidly emerging new entrants, increasing industry demand for automation solutions, and intensifying competition between large tech companies in artificial intelligence
|
Accelerator |
|
|
Sector |
Information Technology
|
|
Source |
|
|
Date Last Updated |
March 27, 2018
|
