Tech Company M&A Transactions

Turi Acquisition

On 8/8/2016, Turi was acquired by Apple. Apple said the transaction price was $200 million.

Transaction Overview

Company Name

Turi

Acquired By

Apple

Announced On

8/8/2016

Transaction Type

M&A

Amount

$200,000,000

M&A Terms

Terms of the transaction were not disclosed by the companies.

Company Information

Company Status

Acquired or Merged

Industry

Artificial Intelligence

Mailing Address

936 N. 34th St. 208
Seattle, WA 98103
USA

Phone

Undisclosed

Website

www.turi.com

Email Address

[email protected]

Overview

Turi is a machine learning platform that creates big data analytics products for its users. This open source project was initially intended for applying large scale machine learning to graph analysis.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Carlos Guestrin

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Prev: 8/8/2016: TheWaveVR venture capital transaction
Next: 8/8/2016: Everipedia venture capital transaction

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