Nano Dimension buys Israeli machine learning co DeepCube
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 S...
Source: globes.co.il