Standard Cognition Acquires Explorer.ai
January 7, 2019
Standard Cognition acquired Explorer.ai, a Carnegie Mellon–founded robotic mapping and computer vision startup, bringing the team's indoor-mapping technology and seven engineers into Standard to accelerate its autonomous checkout rollout. The acquisition adds mapping capabilities used for autonomous vehicles and in-store mapping, enabling faster store mapping and expansion into larger retail formats.
- Buyers
- Standard Cognition
- Targets
- Explorer.ai
- Industry
- AI & Machine Learning
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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