Announced

Completed

Apple completed the acquisition of Vilynx for $50m.

Synopsis

Apple completed the acquisition of Vilynx, a Spain-based artificial intelligence video startup, for $50m. Apple is intending to apply the technology to Siri and search. Apple's Photos could be improved with the technology to search stored video, and also, possibly for News and Apple TV apps for a recommendation engine.

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MergerLinks - Apple completed the acquisition of Vilynx for $50m.