Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Irisity is looking to acquire Visionists
November 9, 2018

Irisity AB has initiated acquisition talks with Visionists AB. Visionists is an engineering consultancy specialized in computer vision software using artificial intelligence (AI). The company has 13 FTEs and reported sales of SEK 7.6m with EBIT of SEK 362.000 in 2017. Both Irisity and Visionists develop AI solutions for video analysis. The acquisition process is at an early stage and a letter of intent is yet to been signed.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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