InRule Technology Acquires simMachines

OpenGate Capital Acquires Majority Interest in InRule Technology

August 20, 2019

Software

Private equity firm OpenGate Capital acquired a majority interest in InRule Technology, a Chicago-based decision management and business rules management software company. Financial terms were not disclosed; InRule will continue to be led by its co-founders and management while OpenGate said it will support the company's growth and product investment.

Pamlico Capital Invests in InRule Technology

October 13, 2023

AI & Machine Learning

Pamlico Capital has made a strategic growth investment in InRule Technology, an intelligence automation company that provides decisioning, machine learning and process automation software for enterprise customers. Terms were not disclosed; the backing will help InRule accelerate product delivery and expand its intelligence automation offerings following recent growth and prior acquisitions, and marks the culmination of a partnership with prior investor OpenGate Capital.

XMachina AI Group Inc. Completes Business Combination to Acquire XMachina-AI Inc.

June 9, 2022

AI & Machine Learning

XMachina AI Group Inc. (formerly 1210352 B.C. Ltd.) completed a business combination on June 7, 2022, pursuant to which it acquired XMachina-AI Inc. and renamed the resulting issuer XMachina AI Group Inc. The Resulting Issuer will carry on XMAI's business, intends to apply to list its subordinate voting shares on the Canadian Securities Exchange, and plans to accelerate growth by injecting capital and talent into AI and data-analytics businesses.

TechnoMile Acquires SIMS Software, Backed by Capitol Meridian Partners

January 6, 2026

Software

TechnoMile has acquired SIMS Software to add facility security, clearance tracking, and post-award compliance capabilities to its AI-enabled contract management platform. The deal is backed by Capitol Meridian Partners, which will take a majority stake in the combined company in a PE-backed add-on transaction; K1 Investment Management exits its stake in TechnoMile.

QuickLogic Acquires SensiML Corporation

January 4, 2019

AI & Machine Learning

QuickLogic Corporation has acquired SensiML Corporation, a SaaS edge/endpoint AI software provider; terms were not disclosed and the deal was funded in QuickLogic common stock. SensiML will operate as a division of QuickLogic and continue developing its platform-independent Analytics Toolkit to support a broad set of SoCs, adding SaaS revenue and edge-AI capabilities to QuickLogic's semiconductor and eFPGA offerings.

iCapital Network Acquires AI Insight

January 21, 2021

Financial Services

iCapital Network has agreed to acquire the assets of AI Insight, Inc., an education and compliance platform that provides fund-specific research, training and credentialing for financial advisors focused on alternative investments. As part of the transaction, AI Insight’s executives Sherri Cooke and Jennifer Simon and eight additional employees are expected to join iCapital to integrate AI Insight’s learning management system into iCapital’s advisor-facing alternative investment platform.