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Cisco taps into AI, collaboration with $125M MindMeld buy

May 11, 2017

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Cisco said it would target collaboration applications first with artificial intelligence technology it will get from buying MindMeld for $125 million.

The deal, announced today, is Cisco’s third in two weeks and nets the company MindMeld’s AI platform which lets customers to build intelligent, conversational interfaces for any application or device with its proprietary machine learning (ML) technology. Specifically, MindMeld develops what it calls Deep-Domain Conversational AI which essentially allows customers to embed voice commands in any applications and services.

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