Appen Acquires Figure Eight to Build End-to-End AI Training Data Platform

March 11, 2019

Appen Limited has signed a definitive agreement to acquire Figure Eight (formerly CrowdFlower) for USD $175 million up-front and up to $125 million contingent on 2019 performance. The deal combines Appen's global crowd and language expertise with Figure Eight's machine-learning-assisted annotation platform to create an end-to-end training-data offering for AI and machine learning customers.

Buyers
Appen Limited
Targets
Figure Eight
Location
California, United States
Transaction Type
Buyout

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