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Buyer for AI service company in Europe
AI service company in Europe to buy
- Revenue: 2-10M EUR
- Employees: not decisive
- Location of the target: Europe
- Reason for acquisition: The company is active in artificial intelligence sector. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
- #CFIE ITB176
Overview of the Buyer for AI service company in Europe
The company is active in the artificial intelligence sector. It has experience in developing custom-made technological solutions applicable to a wide range of industries and useful for different type of clients be it start-ups or mature organizations. The company knew a high growth rate even from early stages and in no time has managed to become a respected player in its field of activity, with a high rate of profitability. The technology development was done in tight collaboration with local and international universities. The initial focus was on TV and visual ads, but the activities were extended also to other industries and fields. The resources and talent are directed to research artificial intelligence in order to understand and search how specific technology could be utilised most effectively. The buyer developed a SaaS platform for media content and wants to grow the number of clients. Just to accelerate delivery the AI team needs to grow very fast. The other opportunity lies in the product, sectoral and geographical expansion. To succeed in achieving these goals, the company wants to acquire an enterprise that delivers AI services and has the ambition to be part of a bigger organization with clear strategies and plans. The buyer is open to speak to interested sellers.
Profile (strategy) of the Buyer for AI service company in Europe
The buyer activates in Artificial Intelligence sector, a market with high potential for future development and investment. The team develops and provides custom AI solutions that allow organizations to work more efficient and be more competitive. The palette of products is addressed to various industries, the team having experience in developing projects for clients from Healthcare, Retail, Security & Surveillance, Marketing & Advertising, Medicine, Industrial & Manufacturing, Casino, TV & Media, Customer Support, Finance & Insurance, etc. There are used computer vision, predictive & behavioural analysis to create the best solutions that will improve existing processes. Depending the needs of the customer, the solutions are highly customisable to meet specific necessities of the business and of the workflows.
The company builds AI based solutions for clients from various sectors. For media companies, the solution automatically analyses content and info from video streams. It automatically detects ads from TV, identifies certain subjects and scenes and extracts text from the screen. The user is able to track and analyse TV ads, see if the ads were delivered at the right time and follow live the viewer statistics. The solution can be also used to monitor propaganda and track politics activities. For industrial companies, the AI solution developed by the team helps in the integration of robotics in the manufacturing and servicing operations. It also analyses certain contents from containers and classifies objects based on visual appearance and physical traits. For insurance organizations, the company built a solution that can be used to automatically submit medical receipts. The product recognizes specific characters from the receipt image, processes the information extracted and automatically fills out the required form.
Activities and products of the AI service target company
The buyer is looking to acquire a company that operates in activities related to:
- Deep Learning / Machine Learning
- Image / Video Recognition
- Smart Robots
- Recommendation Engines
- Natural Language Processing
- Context Aware Computing
Highlights of the Buyer for AI service company in Europe
- The buyer is experienced in developing custom-made AI solutions
- The solutions are used in a wide range of sectors
- The company has decided to enlarge its activities in Europe and is looking to buy another company with similar activities and products
- Target companies should provide AI service activities and should interested in growing the business
Information of this Buyer for AI service company in Europe
Feel free to contact us for more information regarding this AI service company in Europe wanted or if you know possible interested or suited parties. For more buyers in the IT sector please visit the section ITS companies wanted
. For companies for sale in the ITS or AI service industry please feel free to visit the section ITS companies for sale.
Note: CFIE only works with formal companies. We do get a lot of requests and it is difficult to follow up on all inquiries from visitors to our website. For each company, we assess the likelihood of a future transaction. We only get back to you if we see a realistic opportunity to do a future acquisition or business sale. In order to increase your chances of receiving a reply as an individual, please explain as much as possible about your personal background, strategy and fit with the target. There is also a possibility that your details will be kept on file and we will get back to you once there is an opportunity to do a transaction. CFIE can’t guarantee you will receive an answer to your request.