33 Acquisitions in the Artificial Intelligence industry - Flippa
Company acquisitions in the Artificial Intelligence industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 25 acquisitions that took place in the Artificial Intelligence industry.
Key Takeaways & Trends in AI M&A
- Big Tech leads with aggressive buying sprees: Apple acquired over 30 AI startups in 2023 alone. Google, Meta, and Microsoft followed closely behind, scooping up companies in cloud AI, generative models, and machine learning infrastructure.
- Enterprise software giants are betting big on AI: Synopsys’ $35B acquisition of Ansys and HPE’s $14B buyout of Juniper show how critical AI has become in chip design, cloud computing, and networking.
- Cross-industry AI adoption is accelerating: Companies like Thomson Reuters and IBM are acquiring AI startups to enhance core functions in tax, audit, hybrid cloud, and enterprise automation.
- Strategic and financial investors are both active: Roughly 30% of AI M&A deals involve private equity or VC-led consolidations, with the rest driven by corporations embedding AI into existing platforms.
- Flippa is becoming a launchpad for emerging AI exits: As M&A appetite grows, more early-stage AI startups are using Flippa to reach strategic buyers and investors looking for the next wave of innovation.
Casetext acquired by Thomson Reuters
Details about the transaction:
Acquisition amount: $650,000,000
Announcement: June 26 2023
Details about the company:
AI‑powered legal research and drafting platform, known for CoCounsel and advanced NLP that accelerates case analysis and document review.
Headquarter:
Where to find them: Website
Industry: Legal Tech, Artificial Intelligence, Natural Language Processing, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Asteria Aerospace acquired by Reliance Industries (RSBVL)
Details about the transaction:
Acquisition amount: $3,270,000
Announcement: December 13 2019
Details about the company:
Indian robotics and drone manufacturer building AI‑enabled unmanned aerial systems for industrial monitoring and defense.
Headquarter:
Where to find them: Website
Industry: Robotics, Aerospace, Artificial Intelligence, Hardware
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Sharktower AI acquired by MyProteus (Proteus)
Details about the transaction:
Acquisition amount: $13,600,000
Announcement: February 21 2022
Details about the company:
Edinburgh‑based intelligent change delivery platform providing AI‑driven project management and predictive analytics.
Headquarter:
Where to find them: Website
Industry: Project Management, Artificial Intelligence, SaaS, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
DATACORP acquired by Checkin.com Group
Details about the transaction:
Acquisition amount: $4,700,000
Announcement: January 25 2022
Details about the company:
Estonian AI firm building neural‑network image analysis and computer vision software used in identity verification and check‑in flows.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Computer Vision, Biometrics, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Scale AI (49% stake) acquired by Meta (strategic stake)
Details about the transaction:
Acquisition amount: $14,300,000,000
Announcement: June 10 2025
Details about the company:
Data infrastructure company providing data labeling, synthetic data, and evaluation platforms for AI model development.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Data Labeling, ML Ops, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
Inflection AI (talent/license) acquired by Microsoft (acqui‑hire + license)
Details about the transaction:
Acquisition amount: $650,000,000
Announcement: March 19 2024
Details about the company:
AI startup behind the Pi assistant; Microsoft licensed tech and hired key team members to bolster Copilot and Azure AI.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Conversational AI, Consumer Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Covariant (team/license) acquired by Amazon (acqui‑hire + license)
Details about the transaction:
Acquisition amount: Undisclosed
Announcement: September 3 2024
Details about the company:
AI robotics company building the Covariant Brain for autonomous picking and manipulation in warehouses and logistics.
Headquarter:
Where to find them: Website
Industry: Robotics, Artificial Intelligence, Warehouse Automation
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Materia AI acquired by Thomson Reuters
Details about the transaction:
Acquisition amount: Undisclosed
Announcement: October 22 2024
Details about the company:
Agentic AI assistant built for tax, audit, and accounting workflows—automates research and compliance tasks for professionals.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Tax & Accounting Software, Productivity
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Darktrace acquired by Thoma Bravo
Details about the transaction:
Acquisition amount: $5,320,000,000
Announcement: April 26 2024
Details about the company:
AI‑driven cybersecurity company providing autonomous threat detection, response, and email security.
Headquarter:
Where to find them: Website
Industry: Cybersecurity, Artificial Intelligence, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
CognitiveScale acquired by Tecnotree
Details about the transaction:
Acquisition amount: $6,000,000
Announcement: 11 December 2022
Details about the company:
A business AI platform is called CognitiveScale.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Big Data, Health Insurance, Information Services, Information Technology, Machine Learning, SaaS, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
Datacorp acquired by Checkin.com
Details about the transaction:
Acquisition amount: $4,700,000
Announcement: 15 December 2021
Details about the company:
Datacorp specializes in creating artificial intelligence (AI) tools for computer vision and image analysis.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Information Technology, Machine Learning, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
e-bot7 acquired by LivePerson
Details about the transaction:
Acquisition amount: $53,100,000
Announcement: 20 July 2021
Details about the company:
A low-code Conversational AI platform from e-bot7 enables businesses to increase the effectiveness of customer care.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, CRM, Machine Learning, Marketing Automation, SaaS, Sales Automation, Software, Virtual Assistant
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Evi acquired by Amazon
Details about the transaction:
Acquisition amount: $26,000,000
Announcement: 17 April 2013
Details about the company:
Technology firm Evi specializes in software for knowledge bases and semantic search engines.
Headquarter:
Where to find them: Website
Industry: Analytics, Artificial Intelligence, Information Technology, Internet of Things, Mobile, Search Engine, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Findify (Acquired by Maropost) acquired by Maropost
Details about the transaction:
Acquisition amount: $4,450,000
Announcement: 26 May 2022
Details about the company:
Findify is an intelligent on-site search tool that boosts sales for e-commerce retailers by utilizing machine learning and big data.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Big Data, E-Commerce, Machine Learning, Search Engine
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Froot Research acquired by Aarav Solutions
Details about the transaction:
Acquisition amount: $4,000,000
Announcement: 30 September 2022
Details about the company:
Business intelligence is provided by the information technology company Froot Research.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Business Intelligence, Information Technology, Machine Learning
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
GeoPhy acquired by Walker & Dunlop
Details about the transaction:
Acquisition amount: $85,000,000
Announcement: 7 February 2022
Details about the company:
In order to give the real estate sector an unbiased perspective of value, GeoPhy leverages data science.
Headquarter:
Where to find them: Website
Industry: Analytics, Artificial Intelligence, Big Data, Commercial Real Estate, Machine Learning, Real Estate
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Graphyte acquired by Optimove
Details about the transaction:
Acquisition amount: $40,000,000
Announcement: 13 July 2022
Details about the company:
The AI-driven marketing personalization tool Graphyte was created especially for the gaming and betting sectors.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Gaming, Machine Learning, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Helpshift acquired by Keywords Studios
Details about the transaction:
Acquisition amount: $75,000,000
Announcement: 5 December 2022
Details about the company:
A conversational customer care platform called Helpshift uses messaging-based communication, AI, and bots.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, CRM, Customer Service, Internet, Mobile, SaaS
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
InovaMind acquired by Dimensa Tecnologia
Details about the transaction:
Acquisition amount: $4,149,231
Announcement: 10 January 2022
Details about the company:
InovaMind is an IT company that focuses in developing digital goods and services as well as artificial intelligence, big data, and machine learning.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Big Data, Machine Learning
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Kite acquired by Affirm
Details about the transaction:
Acquisition amount: $26,000,000
Announcement: 2 August 2021
Details about the company:
With the use of machine learning and internet programming skills, Kite enhances the coding environment.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Developer Platform, Developer Tools, Information Services, Machine Learning
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
Klink acquired by Connectcom
Details about the transaction:
Acquisition amount: $3,274,169
Announcement: 9 March 2021
Details about the company:
Klink is a developer and supplier of artificial intelligence and machine learning solutions for e-commerce and logistics firms.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Machine Learning, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
MedAware Systems acquired by Biomed Industries
Details about the transaction:
Acquisition amount: $18,000,000
Announcement: 21 September 2022
Details about the company:
A firm that provides analysis of all accessible data on any medical issue is called MedAware Systems.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Big Data, Health Care, Information Technology, Medical, Pharmaceutical
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Motion Metrics acquired by The Weir Group
Details about the transaction:
Acquisition amount: $89,000,000
Announcement: 5 November 2021
Details about the company:
Artificial intelligence is used by Canadian mining technology business Motion Metrics to increase energy and safety in mines.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Mining, Mining Technology, Natural Resources
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Neura acquired by Otonomo
Details about the transaction:
Acquisition amount: $50,000,000
Announcement: 5 October 2021
Details about the company:
generating useful insights from anonymised data and activity signals to enable enterprises to make strategic decisions.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, CRM, Internet of Things, Machine Learning, Marketing Automation, Mobile, Mobile Apps, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Odin Vision acquired by Olympus
Details about the transaction:
Acquisition amount: $80,237,405
Announcement: 20 December 2022
Details about the company:
Applications created by Odin Vision for endoscopic treatments use cloud AI.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Health Care, Medical
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
Pekat Vision acquired by Datalogic
Details about the transaction:
Acquisition amount: $17,626,969
Announcement: 21 March 2022
Details about the company:
AI-based software for industrial visual inspection and quality control is called PEKAT VISION.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
PhysiMax Technologies acquired by DarioHealth
Details about the transaction:
Acquisition amount: $1,020,000
Announcement: 20 January 2022
Details about the company:
Through customized training plans, PhysiMax Technologies enables athletes to enhance performance and prevent injuries.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Fitness, Health Care, Information Technology, Machine Learning, Sports, Wellness
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
RoundSqr acquired by Cigniti Technologies
Details about the transaction:
Acquisition amount: $4,800,000
Announcement: 4 May 2022
Details about the company:
Solutions supplier provides cognitive platform for managing the lifespan of computer vision, offshore services, and digital consulting (AI/ML).
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Consulting, Education, Information Technology, Internet, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Rubikloud acquired by Kinaxis
Details about the transaction:
Acquisition amount: $60,155,977
Announcement: 15 June 2020
Details about the company:
Through its cloud-native platform, Rubikloud leverages AI to provide intelligent decision automation to business merchants.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Big Data, Cloud Data Services, Internet, Machine Learning, Retail, Retail Technology, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
SalesDirector.ai acquired by Bigtincan
Details about the transaction:
Acquisition amount: $1,200,000
Announcement: 28 December 2022
Details about the company:
A revenue intelligence platform called SalesDirector.ai connects people, activity, and engagement across the buying journey.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Information Technology
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
Sharktower AI acquired by MyProteus
Details about the transaction:
Acquisition amount: $13,591,148
Announcement: 20 February 2022
Details about the company:
With our AI project management platform, Sharktower AI hopes to revolutionize how organizations implement change.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Machine Learning, Project Management, SaaS, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Supahands acquired by Omnilytics
Details about the transaction:
Acquisition amount: $20,000,000
Announcement: 24 August 2021
Details about the company:
Supahands uses patented technologies and a crowdsourced workforce to offer training data for machine learning and artificial intelligence.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Computer Vision, Crowdsourcing, Data Mining, Enterprise Software, Image Recognition, Machine Learning, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Unbxd acquired by Netcore Cloud
Details about the transaction:
Acquisition amount: $100,000,000
Announcement: 24 March 2022
Details about the company:
Unbxd is a platform for e-commerce product discovery that links customers to the goods they are most likely to purchase.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Big Data, E-Commerce, Machine Learning, Navigation, Product Search, Search Engine, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Rumored AI Acquisitions in Progress (2025)
While 2025 has seen several landmark AI acquisitions close, there are few publicly confirmed deals currently in progress. However, some companies are widely seen as likely targets based on strategic fit, analyst commentary, and acquisition patterns.
One standout example is SoundHound AI (NASDAQ: SOUN), which has been flagged by multiple analysts as a prime acquisition candidate. With its advanced voice-recognition technology and strong presence in automotive and embedded systems, SoundHound could be a natural fit for Big Tech firms seeking to expand voice assistant capabilities or enhance AI-powered customer interfaces. It has already partnered with major players like Hyundai and Visa, and its modular voice AI stack makes it highly attractive for integration.
In addition to company-specific speculation, broader market signals suggest that AI M&A activity could accelerate in late 2025. Changes in macroeconomic conditions, improving capital markets, and potential shifts in U.S. antitrust enforcement are expected to open the door for more strategic acquisitions.
While there are no verified rumors of mega-deals in progress, observers have noted ongoing interest in firms like Cohere and Mistral AI, particularly for their enterprise-friendly LLMs and open-weight architectures. Investors and analysts alike expect more activity from companies like Oracle, SAP, and Salesforce, though as of June 2025, no formal acquisition talks have been publicly disclosed.
Thinking of Selling Your AI Startup?
If you’re building in:
- LLMs, agentic systems, or retrieval-augmented generation
- AI for verticals like healthcare, legal, robotics, or fintech
- Infrastructure (vector DBs, orchestration, deployment, analytics)
Then M&A could be your most viable exit route, and Flippa can help.
We’ve seen a surge in AI and ML-driven businesses listing for sale, and our marketplace connects you with over 400,000 weekly active buyers, including VCs, strategic acquirers, and private equity firms.
Final thoughts
The post-2023 AI acquisition wave isn’t a blip; it’s a turning point. As foundational AI models mature and infrastructure solidifies, we’ll likely see fewer speculative funding rounds and more calculated acquisitions. For startups, this means that building clean, scalable, and modular tech with real-world utility is the fastest way to attract acquisition interest.
M&A is the new R&D. Whether you’re aiming to be acquired or just tracking the space, knowing who’s buying (and why) gives you a competitive edge.
Frequently Asked Questions (FAQs)
What are the biggest AI acquisitions of all time?
The most valuable AI acquisitions include Synopsys–Ansys ($35B), Cisco–Splunk ($28B), and Microsoft’s multibillion-dollar stake in OpenAI. Apple’s quiet spree of 30+ AI startup acquisitions is also notable, even if individual deal values are undisclosed.
Why are so many AI startups being acquired?
AI moves fast. Large companies often acquire startups to save time on R&D, secure top-tier talent, and avoid building from scratch. The 2023–2025 wave reflects both this urgency and the competitive race to lead in AI infrastructure and applications.
Is it a good time to sell an AI company?
Yes. With improving economic conditions, strategic buyers are aggressively pursuing AI startups, especially those with clear technical differentiation or market traction. If you’re considering an exit, 2025 may offer ideal timing.
What industries are leading AI acquisitions?
Beyond Big Tech, industries like cloud infrastructure, legal tech, health, finance, and cybersecurity are heavily active. Enterprise software companies are especially eager to embed AI into their existing product ecosystems.
Where can I list my AI business for acquisition?
Flippa is a leading marketplace for buying and selling AI and software-based businesses. You can get a free valuation, connect with qualified buyers, and negotiate deals with expert guidance.
Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.
