Reddit Acquires Memorable AI

Reddit Acquires Machine-Learning Platform Spell

June 16, 2022

AI & Machine Learning

Reddit has acquired Spell, a SaaS-based machine-learning platform, to strengthen its ML and AI capabilities. The Spell team — including founder & CEO Serkan Piantino — will join Reddit to support Product, Safety, and Ads initiatives and accelerate integration of ML across the company.

Red Hat Acquires Neural Magic

January 15, 2025

AI & Machine Learning

Red Hat has completed its acquisition of Neural Magic, a developer of software and algorithms that accelerate generative AI inference workloads. Neural Magic's model optimization and inference performance engineering capabilities will be integrated into Red Hat AI to improve cost-effective, high-performing AI deployments across hybrid cloud environments.

Ancestry Acquires iMemories

July 30, 2025

Cloud & SaaS

Ancestry has acquired iMemories, a Scottsdale-based leader in analog media digitization and cloud-based preservation, from investors Landon Capital Partners and Greens Farms Capital. The deal brings iMemories' AI-enhanced scanning and subscription media services into Ancestry's family-history platform to let customers digitize and integrate photos, videos, slides and films into their family trees.

Recovery.com Acquires RedFox AI

May 21, 2025

Healthcare Services

Recovery.com has acquired Madison-based AI startup RedFox AI to accelerate its development of AI-powered tools for connecting people with mental health and addiction care. The deal brings RedFox's conversational Navigator product and its cofounders into Recovery.com's team to expand responsible AI capabilities and integrate new voice-guided diagnostic and guidance features across the platform.

Bazaarvoice Acquires affable.ai from Affable Technologies

October 10, 2023

Marketing & Advertising

Bazaarvoice has acquired the affable.ai creator-marketing platform from Affable Technologies to add AI-driven influencer discovery and management to its social commerce and content activation capabilities. The deal integrates affable.ai's creator technology into Bazaarvoice's full-funnel content and retail distribution network to help clients scale creator-led social commerce and measure ROI across awareness to conversion.

Mediaocean Acquires Drishyam AI

June 7, 2022

AI & Machine Learning

Mediaocean acquired Drishyam AI to integrate the startup’s AI- and NLP-driven image-recognition and creative auto-optimization capabilities into its Flashtalking by Mediaocean offering. The acquisition brings Drishyam’s team and technology into Mediaocean to accelerate automated content classification, product identification and ad creative optimization across channels.