The Major Acquisitions Of 2018 That Will Impact The Smart Tech And AI Landscape In 2019
Let’s take a look at the three major acquisitions of 2018 and 2019 regarding Healthcare AI, Cloud Computing, and Smart Devices.
IBM acquired Red Hat for $34 billion. IBM’s Watson has taken great steps in the AI sector. Red Hat, on the other hand, has maintained a steady presence in open source Linux OS and cloud computing.
IBM’s decision to buy Red Hat pinpoints its desire to cement its position as a go-to company for major players and heavily regulated industries.
In the field of AI, GSK purchased a $300-million stake in 23andMe. This acquisition would shorten the drug discovery phase while creating another aspect in preventive medicine.
Qualcomm is looking to buy NXP Semiconductors for $44 billion in the IoT sector. Qualcomm chips are what that keeps Google Android, Nokia, iPhones, and Samsung phones up and running. It would be the perfect response by Qualcomm to the acquisition of Mobileye by Intel. Both the companies are trying to get into self-driving cars space which has a lot of potential with all the tech advancement.
Source: https://www.forbes.com
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