Appen acquires Figure Eight for up to $300M, bringing two data annotation companies together

Appen acquires Figure Eight for up to $300M, bringing two data annotation companies together
Appen just announced that it’s acquiring Figure Eight in an all-cash deal that sees Appen paying $175 million upfront, with an additional payment of up to $125 million based on Figure Eight’s performance this year. Both companies focus on using crowdsourced labor pools to annotate data, which in turn is ... read more
Source- Techcrunch.comPublished on 2019-03-10By Anthony Ha
2 weeks ago
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