Acquisition

Intel Corporation acquires Nervana Systems

Intel acquired Nervana Systems (announced Aug 9, 2016; ~$400M+ reported), a deep-learning chip/software startup whose tech informed Intel's AI accelerators (later succeeded by Habana Labs).

full acquisition · Completed · $408.0M (reported, approximate) · verified

Track Intel Corporation acquires Nervana Systems

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Parties

Acquirer: Intel Corporation
Acquired: Nervana Systems

Timeline

Announced: 2016-08-09

Sources (1)

https://techcrunch.com/2016/08/09/intel-buys-deep-learning-startup-nervana-systems-for-a-reported-350-million/

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