Intel USD 26 million acquisition of natural language processing enterprise Indisys

Today, chip giant Intel's artificial intelligence is a step forward, the company has just acquired the Spanish natural language recognition start-up Enterprise Indisys. Although the terms of the deal have not yet been disclosed, there are reports of more than 26 million dollars. Inveready, one of Indisys's early investors, confirmed the news in a press release and pointed out that Indisys's CEO Pilar Manchon had moved to work at Santa Clara Intel's research and development department. Founded in 2003, Indisys is a developer of natural language recognition technology and also develops an intelligent helper interface similar to Siri (the Maya assistant, as shown below). Its dialogue based systems have web and mobile versions, such as Spanish department stores, Mainfrey Insurance and Bilbao bank, etc. Although the company's main customers are Spanish, but the company is also multilingual development. The company says its smart assistants can communicate fluently with people on multiple platforms in many languages. A Boeing project called Atlantis used Indisys technology to control drones. The start-up company has 20 employees before exiting. Lenovo 2 months ago, Intel finally in the competition with Qualcomm, Samsung successfully in the acquisition of Israeli hand gesture recognition of the omek of 40 million U.S. dollars. The rationale for Intel's takeover of Indisys is presumably the following: It is part of its larger plan to move into three-dimensional visualization and perceptual computing (gesture, touch, and voice, which is an AI-like perceptual technology). This is also the main direction of the 100 Million dollar investment fund set up by Intel this April. The second is that speech recognition technology is directly related to Intel's processor business. Earlier this week, Intel had just shown progress in its gestures and natural language recognition business. Although there had been speculation that Intel would purchase licenses from companies such as nuance to integrate speech recognition technology into its own system, the acquisition further demonstrated that Intel was serious about developing and mastering speech recognition technology. Of course, Intel is not a stranger to Indisys. Intel Capital, the former investment firm, had a 5 million dollar a-round financing of Indisys in 2012, accounting for 5/6 of the start-up's total financing.