Elastic Acquires Jina AI

Inflection AI Acquires BoostKPI and Jelled.ai

November 26, 2024

AI & Machine Learning

Inflection AI has acquired two AI startups, BoostKPI Inc. and Jelled.ai Inc., to expand capabilities for its Inflection for Enterprise platform. The company did not disclose transaction terms; both teams will join Inflection to integrate data-analytics and inbox-assistant capabilities into its enterprise AI offerings.

MongoDB Acquires Voyage AI

February 24, 2025

AI & Machine Learning

MongoDB, Inc. has acquired Voyage AI, a developer of advanced embedding and reranking models, to integrate high-quality retrieval capabilities into MongoDB's data platform and help customers build more trustworthy AI applications. The deal (reported at approximately $220 million) brings Voyage AI's models and team into MongoDB to improve accuracy and reduce hallucinations for mission-critical AI use cases.

Banyan Software Acquires Gini

February 3, 2026

AI & Machine Learning

Banyan Software has acquired Gini, a Munich-based provider of AI-driven document-intelligence and payment solutions for banks, insurers and e-commerce businesses. Gini will continue to operate independently with its leadership and brand intact while Banyan provides long-term capital, operational support and resources to expand Gini’s product and market reach across banking, private health insurance and e-commerce.

Jasper Acquires Clipdrop from Stability AI

February 20, 2024

AI & Machine Learning

Jasper has acquired Clipdrop, an AI image creation and editing platform, from Stability AI; the deal closed on February 20, 2024. Clipdrop’s Paris-based team will join Jasper to accelerate multimodal image capabilities inside Jasper’s marketing copilot and the product is available to Jasper customers immediately via the Jasper API.

Virtuozzo Acquires Jelastic Business

October 5, 2021

Cloud & SaaS

Virtuozzo has acquired the technology and business of Jelastic, a multi-cloud Platform-as-a-Service provider, bringing Jelastic's platform and application management capabilities in‑house after a decade-long partnership. The acquisition completes Virtuozzo's core technology stack to deliver a full-stack cloud management solution for cloud, hosting and managed service providers; financial terms were not disclosed.

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

September 12, 2022

AI & Machine Learning

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.