AvaSure’s acquisition of Ouva’s smart room solutions marks a pivotal step in advancing AI-powered virtual care for hospitals. This strategic move is set to enhance AvaSure’s Intelligent Virtual Care Platform with cutting-edge AI capabilities, improving patient safety, staff efficiency, and overall operational performance.
AccessPlus, an affiliate of RingSquared, has announced its acquisition of Crocker Communications, a leading telecommunications provider in Massachusetts. This move allows AccessPlus to expand its VoIP and fiber broadband infrastructure across Western Massachusetts. By integrating Crocker’s clients, AccessPlus aims to deliver enhanced VoIP services and boost connectivity, marking a significant growth milestone.
Actility’s acquisition of API-K revolutionizes the rescue landscape with innovative LoRaWAN tracking systems. Known for boosting search radii greatly, their beacon technology is a game-changer for mountain sports and rescue teams. Integrating API-K’s advanced LoRaWAN solutions into Actility’s portfolio, they aim to set new standards in outdoor geo-security and rescue efficiency.
Korean tech giant Samsung Electronics has acquired Oxford Semantic Technologies, a UK-based startup specializing in advanced knowledge graph technology. This strategic move aims to enrich Samsung’s AI capabilities, enhancing user experiences across its ecosystem. By integrating this technology, Samsung plans to deliver hyper-personalized interactions through its products, including mobile devices, televisions, and home appliances.
This week, SoftBank announced the acquisition of UK-based AI chipmaker Graphcore, valued around $600 million. Known for its intelligence processing units, Graphcore’s technology competes with Nvidia’s but has faced commercialization challenges. SoftBank aims to rejuvenate Graphcore, leveraging the rising demand for advanced AI compute power.
AMD’s acquisition of Silo AI for $665 million boosts its AI capabilities and positions the semiconductor giant to better compete with industry leaders like Nvidia. By integrating Europe’s largest private AI lab, AMD aims to deliver cutting-edge AI solutions, enhancing enterprise offerings and leveraging robust VoIP models for improved communication systems.
Vodafone Portugal’s attempt to acquire Nowo Communications has been blocked by the country’s competition authority, citing concerns over competition and consumer harm. This prohibition underscores the competitive dynamics in Portugal’s telecommunications market, dominated by Meo, NOS, and Vodafone.
IBM has completed its acquisition of StreamSets and webMethods from Software AG for €2.13 billion. This acquisition significantly boosts IBM’s WatsonX AI and data platform by adding robust data ingestion and integration platform-as-a-service (iPaaS) functionalities. The move sets IBM to offer a cutting-edge application and data integration platform, focusing on hybrid cloud environments.
ClearlyIP, a leading provider of communication solutions, has acquired XCastLabs, a renowned hosted VoIP services leader. This strategic move aims to enhance ClearlyIP’s product offerings and communication solutions. XCastLabs’ clients will benefit greatly, gaining access to ClearlyIP’s advanced VoIP systems and comprehensive support, ensuring seamless and improved services.
Nokia has revealed its acquisition of Infinera, a California-based provider of optical transport networking solutions, for $2.3 billion. This strategic move aims to bolster Nokia’s presence in the North American optical networking market.
