Salesforce Acquires PredictionIO for Undisclosed Sum

  • Feed Type
  • Date
    2/19/2016
  • Company Name
    PredictionIO
  • Mailing Address
    Undisclosed San Francisco, CA 94105 USA
  • Company Description
    PredictionIO is an open source machine learning server for software developers to create predictive features, such as personalization, recommendation and content discovery.
  • Website
    http://www.prediction.io
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    PredictionIO’s open source technology will remain open source and free for all users. The team will continue to work on evolving the project into a self-sustaining community. We’re also reducing the PredictionIO Cluster software fee on AWS Cloudformation to $0 for the first time. Financial terms of the transaction were not disclosed by the companies.

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