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Artificial Intelligence M&A Breakdown: Salesforce is on a Shopping Spree!

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Saleforce is the most Active Acquirer in Artificial Intelligence since 2015

The Artificial space has been extremely active in terms of M&A activity, with the space seeing a total of 81 acquisitions. Out of this total, the last 16 months, till date, accounts for 38% with 31 acquisitions taking shape since 2015.

With the recent news of Salesforce acquiring deep learning startup, Metamind, the AI space has already witnessed 5 Acquisitions in 2016 alone.

With a total funding raise of $51M, Nexidia is the top Acquired Company

Multichannel Contact Center Interaction Analytics Software provider, Nexidia, stands out as being the top acquired startup, having raised a total of $51M from a host of investors such as Morgan Stanley, Paladin Capital Group, Cordova Ventures, H.I.G. Capital, Boston Millennia Partners, BlueCross BlueShield Venture Partners, Sandbox Industries, and HarbourVest Partners. Nexidia has been acquired by NICE in 2016 for $135M.

Here are the top 10 Acquisitions since 2015, based on the total funding received by the acquired entity.

Company Name Acquirer Total Funding Acquired Year
Nexidia NICE $51.4M 2016
C9 Inc. Inside Sales $35.6M 2015
Cruise Automation General Motors $21.1M 2016
TellApart Twitter $17.7M 2015
QPID Evicore
$16.7M
2016
Tempo AI Salesforce $12.15M 2015
Automated Insights Vista Equity Partners $10.8M 2015
Lex Machina Lexis Nexis $10M 2015
MetaMind Salesforce $8M 2016
Emotient Apple $8M 2015
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Salesforce, Apple, and Twitter have made the most acquisitions since 2015

With its acquisition of Metamind, Salesforce has certainly shown its interest in the AI space, expanding its total number of acquisitions during the last 16 months(till date) to four. Besides Metamind, Salesforce has acquired PredictionIO, Tempo AI, and Minhash.

Apple follows with three acquisitions, namely, Emotient, VocalIQ, and Perceptio. Coming in the third spot is social networking giant, Twitter, who has acquired TellApart and Whetlab.

Interestingly, Salesforce has made an all-time total of five acquisitions in the space. Google which has the most number of acquisitions (11) does not feature in the acquirers list since 2015.

Acquirer Company Investors Acquired Year
Salesforce Metamind Khosla Ventures 2016
PredictionIO 500 Startups, Kima Ventures, XG Ventures, Neil Sood, Ironfire Capital, CrunchFund, Quest Venture Partners, Azure Capital Partners, StartX 2016
Tempo AI Relay Ventures, Mayfield Fund, Golden Venture Partners, Miramar Venture Partners, SRI International, Seavest Capital Partners, Horizon Ventures, Qualcomm Ventures, Singtel Innov8, Eniac Ventures, Sierra Ventures 2016
Minhash 2015
Apple Emotient Intel Capital 2015
VocalIQ Amadeus Capital Partners 2015
Perceptio 2015
Twitter TellApart Greylock Partners, Bain Capital Ventures, SV Angel 2015
Whetlab 2016
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2015 – 16(YTD) Acquirers showed most interest towards Machine Intelligence Systems

Salesforce acquiring Metamind is yet another acquisition in the Machine Intelligence Systems, the segment which has witnessed the most number of acquisitions in the last 16 months (till date). The other acquired startups in this space are PredictionIO (which was, again, acquired by Salesforce), Saplo (acquired by Strossle), AlchemyAPI (acquired by IBM), Saffron Technology(acquired by Intel) and Perceptio (acquired by Apple)

 

Business Segment

SV Angel has the most exits since 2015

Early stage VC, SV Angel, has seen a total of three exits in the last 16 months (till date). These exits came in the form of Cruise Automation’s acquisition by General Motors, Twitter acquiring TellApart, and Facebook Acquiring Wit.ai.

Investor Exits
SV Angel Cruise Automation, Wit.ai, TellApart
Amadeus Capital Partners VocalIQ, aiHit
CrunchFund Cruise Automation, PredictionIO
500 Startups PredictionIO, Gazemetrix
Mayfield Fund Tempo AI, C9 Inc.
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Finally, here’s a quick look at the list of Acquisitions which have taken place since 2015

 

Company Name Acquirer Acquired Year
Nexidia NICE 2016
Cruise Automation General Motors 2016
QPID Evicore 2016
MetaMind Salesforce 2016
PredictionIO
Salesforce 2016
C9 Inc. InsideSales 2015
TellApart Twitter 2015
Tempo AI Salesforce 2015
Automated Insights
Vista Equity Partners
2015
Lex Machina
Lexis Nexis 2015
Emotient
Apple 2015
Saffron Technology
Intel 2015
aiHit
Match Deck 2015
LinguaSys
Aspect 2015
Wit.ai
Facebook 2015
Ottomatika
Delphi 2015
Simple Relevance
Rise Interactive 2015
Alchemy API
IBM 2015
Metafor Software
Strossle 2015
Gazematrix
Sysomos 2015
Saba
Vector Capital 2015
Portware
Fact Set 2015
ZoyoAI
MagicTiger 2015
Minhash
Salesforce 2015
FT Technologies
Palantir 2015
Perceptio
Apple 2015
Whetlab
Twitter 2015
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