Panasonic acquires Arimo

News Hour:

Panasonic Corporation announced that it has acquired Arimo Inc., a Mountain View, a California-based leader in deep learning and behavioral artificial intelligence (AI). Ranked among the ten most innovative companies in data science by Fast Company Magazine in 2016, Arimo is developing IoT-centric AI products for commercial and manufacturing applications, which is supports Big Data and Deep Learning applications. Through this acquisition, Panasonic plans to leverage Arimo’s data science expertise in solutions it provides to its B2B customers (including manufacturers) as well as in the housing business.

Panasonic has developed the Panasonic Digital Platform, which aggregates and utilizes sensor data from factories, housing, cold-chain, and HVAC applications. By combining Arimo’s strength in data science and especially predictive analytics, Panasonic plans to accelerate the growth of its AI/IoT-based solution business and further promote the company’s digital transformation.

“The acquisition of Arimo provides Panasonic with a much-needed core data science element that will greatly reinforce our efforts to continue developing further sophisticated AI-based solutions for our B2B customers,” said Yoshiyuki Miyabe, Panasonic Corporation Chief Technology Officer. “We are very pleased to have Arimo founder Christopher Nguyen and his team of data scientists join us in this mission.”

Avatar

This article has been posted by a News Hour Correspondent. For queries, please contact through [email protected]
No Comments

Translate this News

Join the Facebook Group

Click here to join the Facebook group of News Hour

Popular Posts

Advertisement

News of the Month

October 2017
S M T W T F S
« Sep   Nov »
1234567
891011121314
15161718192021
22232425262728
293031  
Scroll Up
%d bloggers like this: