ShiftPixy, Inc. Acquires TurboScale for $150 Million
October 17, 2024
ShiftPixy, a Miami-based staffing and workforce-management platform, has acquired TurboScale, an AI infrastructure company, in a $150 million transaction comprised of $75 million in stock and $75 million in debt. The purchase brings GPU-accelerated cloud and AI model deployment capabilities into ShiftPixy's platform to accelerate AI-driven workforce analytics and automation, with new products expected by early 2025.
- Buyers
- ShiftPixy, Inc.
- Targets
- TurboScale
- Industry
- AI & Machine Learning
- Location
- California, United States
- Transaction Type
- Buyout
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