Panasonic Reinforces AI, IoT Solutions, Acquires Deep Learning Innovator
JAPAN – Panasonic Corporation has acquired Arimo Inc., which is engaged in the area deep learning and behavioral artificial intelligence. Based in Mountain View, California and is ranked among the ten most innovative companies in data science by Fast Company Magazine in 2016, Arimo is developing 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 B2B customers (including manufacturers) 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 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.