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  5. CloudFactory Acquires Hasty.ai

M&A Deal Summary

CloudFactory Acquires Hasty.ai

On September 8, 2022, CloudFactory acquired internet software and services company Hasty.ai

Acquisition Highlights
  • This is CloudFactory’s 2nd transaction in the Internet Software and Services sector.
  • This is CloudFactory’s 1st transaction in Germany.

M&A Deal Summary
Date 2022-09-08
Target Hasty.ai
Sector Internet Software and Services
Buyer(s) CloudFactory
Deal Type Add-on Acquisition

Target

Hasty.ai

Berlin, Germany
Hasty is a data-centric machine learning (ML) platform that allows companies to build and deploy vision AI applications faster and more reliably. Hasty was founded in 2019 and is based in Berlin, Germany.

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Buyer(S) 1

Buyer

CloudFactory

Reading, United Kingdom
Category Company
Founded 2010
Sector Internet Software and Services
DESCRIPTION

CloudFactory engages in combining people and technology to provide a workforce in the cloud for machine learning and core business data processing. CloudFactory managed teams have experience with 150+ AI projects and can process data with high accuracy using virtually any tool. CloudFactory was founded in 2010 and is based in Reading, United Kingdom.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-01 SpeakerText

New York, New York, United States

SpeakerText, Inc. is a provider of video transcription services to video publishing platform.

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