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Nano Dimension buys Israeli machine learning co DeepCube
Nano Dimension will pay $70 million for DeepCube, which applies algorithms to improve data analysis and deployments of advanced deep learning-based AI systems.
Israeli electronic components 3D printing company Nano Dimension (Nasdaq: NNDM) announced today that is has signed a definitive agreement to acquire Israeli machine learning/deep learning (ML/DL) technology company DeepCube Ltd..
In a $70 million cash and shares deal, Nano Dimension will pay the shareholders of DeepCube $40 million in cash and $30 million in American Depositary Shares (ADSs) of Nano Dimension, which are blocked for various periods of up to 3 years, after closing of this transaction. Closing is expected in the next few days, subject to the satisfaction of customary closing conditions. ....

Yaron Eitan , Michael Zimmerman , Eli David , Deepcube Ltd , Nano Dimension , American Depositary Shares , Deep Learning Based , Machine Learning , Aviv Based Deepcube , Awz Ventures , East Asia , Electronic Fabrication , மைக்கேல் ஸிம்மர்மந் , எலி டேவிட் , நானோ பரிமாணம் , ஆழமான கற்றல் அடிப்படையிலானது , இயந்திரம் கற்றல் , கிழக்கு ஆசியா ,