Veritone to acquire PandoLogic for $150m.

Veritone, a firm that engages in the provision of artificial intelligence computing solutions, agreed to acquire PandoLogic, a provider of intelligent hiring solutions, for $150m. “This transformative acquisition builds on the strength of our organic growth, expands our addressable market with a new diversified revenue stream, and unlocks new growth and development opportunities as we integrate the platforms. The combination of our companies extends the reach of leading AI and human capital software and SaaS solutions to the world’s largest multinational employers requiring more efficient and scalable hiring," Chad Steelberg, Veritone Chairman and CEO.