Announced
Completed
Financials
Sources
Tags
United Kingdom
Cross Border
Friendly
Single Bidder
Software
machine learning
Majority
Private
Completed
natural language processing
Acquisition
Synopsis
UiPath, an enterprise automation software company, completed the acquisition of Re:infer, a natural language processing company. Financial terms were not disclosed. “Automation and AI are a powerful and natural pair that together empower the vision of the fully automated enterprise. Our customers are awash in documents, communications, and data that they need to understand the meaning of and process efficiently. Combining Re:infer’s NLP technology with our Document Understanding and AI products expands the breadth of our current AI-powered automation capabilities and unlocks new automation opportunities for our customers” Ted Kummert, UiPath Executive Vice President, Products & Engineering.
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