Squirro, a Zurich, Switzerland-based provider of a SaaS platform specializing in enterprise-ready generative AI, search, and business insights, acquired Synaptica, a US-based SaaS provider of enterprise taxonomy management and knowledge graph systems.
The amount of the deal was not disclosed.
This strategic acquisition integrates Synaptica’s semantic graph technology with Squirro’s generative AI capabilities, creating a platform for knowledge discovery, conversational search, and business process automation.
Synaptica is a US-based SaaS provider specializing in enterprise taxonomy management and knowledge graph systems. Its solutions enable organizations to manage and leverage their knowledge assets, enhancing information retrieval and business process automation.
Led by CEO Dorien Selz, Squirro is a global SaaS provider offering enterprise-ready generative AI, search, business insights and automation solutions. It aims to empower organizations with the tools they need to harness the full potential of their data through advanced AI technologies.
FinSMEs
17/07/2024