2016 is not quite six months old and it has already been a busy year for acquisitions, with some of the biggest player in the IT world snapping up innovative startups and shelling out vast amounts if capital and shares for other large companies.
Thus far we have seen Oracle, IBM, Intel, Microsoft and Apple all loosen the purse strings and shell out some hefty sums to acquire a company or two that will either help them build out an existing service or lay the foundations for a new business unit.
To help keep track on who owns who and the areas where the big players have their eyes on, we have a rundown of the top technology acquisition of 2016 so far.
10. Salesforce snaps up deep learning startup MetaMind RMC
Salesforce’s latest acquisition was for startup MetaMind, which focuses on natural language-based deep learning. Salesforce has plans to integrate machine learning and smart capabilities with its cloud-based customer relationship management products in a move that could help to automate CRM data analysis and see its tools make suggestions to salespeople about when and how to contact new and repeat customers.
The acquisition will see all MetaMind's services coming under the Salesforce umbrella, while its research and development operation will be absorbed into the larger company.
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