AI & Machine Learning Acquisitions in New Jersey
New Jersey AI M&A Themes
Deal activity in AI & Machine Learning across New Jersey spans infrastructure, IP and patent workflows, clinical study design, and AI-enabled security. Recent transactions include Quantum Computing Inc. acquiring NuCrypt LLC (quantum communications as a commercialization focus) and Tradespace acquiring Paragon to bring AI-driven, traceable patent-drafting technology into its IP management platform.
Across the same period, buyers also target enterprise-facing services and regulated-industry applications. ZS is acquiring Trials.ai to add AI-driven study design to clinical development offerings, while Scutum North America (with Scutum Group) integrates Visentry to expand technology-enabled remote guarding and video monitoring. AMD’s agreement to acquire ZT Systems further highlights interest in AI infrastructure for hyperscale cloud computing.
Private equity and corporate consolidations appear alongside these bolt-ons, including Trivest Partners’ merger of FROM Digital and Algoworks Solutions to form the rebranded Algoworks—an AI-native engineering services and experience-transformation firm.
What Stands Out
- Enterprise AI platforms: Tradespace integrates Paragon’s transparent patent-drafting into an IP lifecycle workflow.
- Regulated applications: ZS targets AI-powered clinical study design via Trials.ai.
- Security and remote monitoring: Scutum North America integrates Visentry into a broader 360° security and fire protection offering.
- AI infrastructure: AMD signed to acquire ZT Systems, an AI infrastructure provider for hyperscale cloud computing companies.
- Consolidation and brand-building: Trivest Partners merged FROM Digital and Algoworks Solutions into Algoworks.
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- Buyer
- Quantum Computing Inc.
- Target
- NuCrypt LLC
- Seller
- NuCrypt, LLC (managing partner Gregory Kanter and founding member Prem Kumar are mentioned, but the selling entity/persons are not explicitly identified as sellers)
- Industry
- AI & Machine Learning
- Location
- New Jersey, United States
- Type
- Buyout
Quantum Computing Inc. (QCi) completed its acquisition of NuCrypt LLC in a transaction valued at $5 million, paid through a combination of cash and QCi common stock. The acquisition establishes quantum communications as a key commercialization vertical within QCi’s broader quantum technology strategy, with NuCrypt operating as a wholly owned subsidiary.
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November 10, 2025
- Buyer
- Tradespace
- Target
- Paragon
- Industry
- AI & Machine Learning
- Location
- New Jersey, United States
- Type
- Buyout
Tradespace has acquired Paragon, an AI-driven patent-drafting startup founded by Princeton computer science students, to integrate Paragon’s transparent, traceable patent-drafting technology into its IP management platform. The deal brings Paragon’s founding team into Tradespace and positions Tradespace as an AI-powered platform supporting the full intellectual property lifecycle, accelerating patent drafting and reducing time and cost for corporate, university, and independent inventors.
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June 10, 2025
- Buyer
- Trivest Partners
- Target
- FROM Digital, Algoworks Solutions
- Industry
- AI & Machine Learning
- Location
- New Jersey, United States
- Type
- Addon
Private equity firm Trivest Partners has completed a merger combining FROM Digital and Algoworks Solutions to form the newly branded Algoworks, an AI-native engineering services and experience-transformation firm. Derek Harrar was appointed CEO to lead the integrated business, which serves large enterprise and Fortune 500 clients across multiple regions.
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September 10, 2024
- Buyer
- Scutum North America, Scutum Group
- Target
- Visentry
- Industry
- AI & Machine Learning
- Location
- New Jersey, United States
- Type
- Addon
Scutum North America, part of the Scutum Group, has integrated Visentry — an AI-powered remote guarding and video monitoring company based in Englewood, New Jersey — into its U.S. business to expand its technology-enabled security offering. The deal adds Visentry’s AI surveillance and remote response capabilities to Scutum’s 360° security and fire protection portfolio as an add-on to the group’s North America platform.
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August 19, 2024
- Buyer
- AMD
- Target
- ZT Systems
- Industry
- AI & Machine Learning
- Location
- New Jersey, United States
- Type
- Buyout
AMD has signed a definitive agreement to acquire ZT Systems, an AI infrastructure provider for hyperscale cloud computing companies, for $4.9 billion in a cash-and-stock deal (including a contingent payment of up to $400 million). The acquisition is expected to close in the first half of 2025, subject to regulatory approvals, and ZT Systems will join AMD’s Data Center Solutions Business Group after close.
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February 6, 2023
- Buyer
- ZS
- Target
- Trials.ai
- Industry
- AI & Machine Learning
- Location
- New Jersey, United States
- Type
- Buyout
Global consulting and technology firm ZS has entered into a definitive agreement to acquire Trials.ai, an AI-powered clinical study design company. The acquisition will integrate Trials.ai's intelligent study-design capabilities into ZS's clinical development offerings to help sponsors identify risks, optimize participant experience and accelerate therapy development timelines.
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September 22, 2022
- Buyer
- Merck Animal Health (Merck & Co., Inc.)
- Target
- Vence
- Seller
- Vence founders, Vence shareholders
- Industry
- AI & Machine Learning
- Location
- New Jersey, United States
- Type
- Buyout
Merck Animal Health (a division of Merck & Co., Inc.) signed a definitive agreement to acquire Vence from its founders and shareholders. The acquisition will expand Merck Animal Health’s animal intelligence and virtual fencing technology portfolio for cattle producers and ranchers, and is expected to close in Q3 2022 subject to customary conditions.
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Frequently Asked Questions
Which companies are showing up repeatedly as acquirers in New Jersey AI & machine learning deals?
The page lists recurring buyer names including AMD, ZS, Quantum Computing Inc., Trivest Partners, Tradespace, and Scutum North America/Scutum Group.
What kinds of AI capabilities are targeted in these New Jersey transactions?
The listed deals focus on quantum communications, AI-driven patent drafting, AI-native engineering and experience transformation, AI-enabled remote guarding/video monitoring, AI infrastructure for hyperscale cloud, and AI clinical study design.
Are these deals mostly acquisitions of technology providers or larger service platforms?
They include both: technology-focused bolt-ons (such as NuCrypt LLC, Paragon, Visentry, Trials.ai, and ZT Systems) and platform-style capability expansion via services and enterprise workflows (such as Algoworks formed from a merger).
What geography shows up in the listed transactions?
All of the listed recent events are located in New Jersey, United States.