Algolia Acquires Search.io (Neuralsearch) to Build Hybrid Keyword + Vector Search API

September 12, 2022

Algolia has acquired Search.io, the maker of Neuralsearch, to combine keyword search and vector-based semantic search into a single API. The deal integrates Search.io's vector search technology into Algolia's API-first Search & Discovery platform to improve semantic and image search capabilities and lower vector search costs for retailers and other customers.

Buyers
Algolia
Targets
Search.io
Location
New South Wales, Australia
Transaction Type
Buyout

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