Posted in CRM, Start ups Cloud Computing Company Acquires Startup PredictionIO Cloud Computing Company Acquires Startup PredictionIO

salesforce acquires startup predictionIOThe machine learning startup, PredictionIO, said it had been acquired by Salesforce.
This is Salesforce’s first 2016 acquisition and the terms of the deal have not been disclosed.

“Salesforce has signed a definitive agreement to acquire PredictionIO! We couldn’t be more excited to join Salesforce once the transaction closes.

Over the past few years, we’ve been on a mission to scale and simplify development of machine learning technology. What started as a passion project quickly grew into much more—now with a community of more than 8,000 developers powering more than 400 apps. We’re so thankful for this community and the support you’ve given us.

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.

At Salesforce, PredictionIO’s innovative machine learning platform will extend SalesforceIQ’s machine learning capabilities and enhance intelligence across the Salesforce clouds. Being a part of Salesforce will give us an amazing opportunity to continue building our open source machine learning platform on a much larger scale, with the world’s #1 CRM company.”

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