SparkCognition Acquires Integration Wizards

On Friday, Artificial intelligence (AI) software solutions provider, SparkCognition announced that it has acquired Integration Wizards. Integration Wizards is a visual AI player. The amount at which the company acquired Integration Wizards has not been revealed yet. By this acquisition of Integration Wizards, SparkCognition aims to expand its IP portfolio to include computer vision capabilities to provide greater value to its industry solutions. After the acquisition, Amir Husain, Founder, and CEO of SparkCognition in his statement said: “With advanced visual AI that can recognize complex scenes and activities we further amplify the value we deliver to our customers while leveraging existing infrastructure investments. Integration Wizards has delivered visual AI at scale for innovators and Fortune 500 customers alike, saving lives, safeguarding assets, and driving demonstrable productivity gains.” Earlier, Integration Wizards’ visual AI technology has offered its solutions to renowned global organizations including Hindustan Petroleum Corporation Limited, Reliance Industries Limited, Heineken, Xerox, Novo Nordisk, and Johnson Controls. CEO and Co-Founder of Integration Wizards, Kunal Kislay said: "The team is excited to capitalize on SparkCognition’s incredible depth of talent, considerable IP portfolio, and deep subject matter expertise, providing our customers with even greater value and a broader AI-based portfolio.”