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Panasonic Acquires Arimo, Deep Learning Innovator
2017/11/25
On October 23, Panasonic announced that it has acquired Arimo Inc., a Mountain View, California-based leader in deep learning and behavioral artificial intelligence (AI). Ranked among the 10 most innovative companies in data science by Fast Company Magazine in 2016, Arimo is developing Internet of Things (IoT) centric AI products for commercial and manufacturing applications, which is supports big data and deep learning applications. Through this acquisition, Panasonic plans to leverage Arimo’s data science expertise in solutions it provides to its business- to-business (B2B) customers as well as in the housing business.
 
Panasonic has developed the Panasonic Digital Platform, which aggregates and utilizes sensor data from factories, housing, cold -chain, and heating, ventilating, air conditioning (HVAC) applications. By combining Arimo’s strength in data science and especially predictive analytics, Panasonic plans to accelerate the growth of its AI/IoT-based solution business and further promote the company’s digital transformation. “The acquisition of Arimo provides Panasonic with a much-needed core data science element that will greatly reinforce our efforts to continue developing further sophisticated AI-based solutions for our B2B customers,” said Yoshiyuki Miyabe, Panasonic chief technology officer. “We are very pleased to have Arimo founder Christopher Nguyen and his team of data scientists join us in this mission.”
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