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  5. Aicadium Acquires BasisAI

M&A Deal Summary

Aicadium Acquires BasisAI

On August 31, 2021, Aicadium acquired software company BasisAI

Acquisition Highlights
  • This is Aicadium’s 1st transaction in the Software sector.
  • This is Aicadium’s 1st transaction in Singapore.

M&A Deal Summary
Date 2021-08-31
Target BasisAI
Sector Software
Buyer(s) Aicadium
Deal Type Add-on Acquisition

Target

BasisAI

Singapore, Singapore
BasisAI is a provider of scalable and responsible artificial intelligence (AI) software. The Company builds and maintains artificial intelligence engines and offers end-to-end, turnkey AI solutions tailored to the industry and our customers’ data. BasisAI was founded in 2018 and is based in Singapore.

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Buyer(S) 1

Buyer

Aicadium

Singapore, Singapore
Category Company
Sector Information Technology
DESCRIPTION

Aicadium is a technology company dedicated to creating and scaling AI solutions by leveraging deep expertise and a common machine learning platform. Aicadium was founded in 2020 and is based in Singapore.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Singapore M&A 1 of 1
Year: 2021 M&A 1 of 1
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